Growth of EUR/AUD Has Resumed

Trading in the pair is on the upside for 61.8% projection of 1.3624 to 1.5226 from 1.4949 at 1.5939. Pivot points are at: (S1) 1.5332; (P) 1.5402; (R1) 1.5525.

A medium term increase from 1.3624 has resumed. Trading below minor support 1.5443 will become neutral and bring consolidation.

Corrective drop from 1.6587 has completed at 1.3624. The pair can retest key resistance 1.6587. Overcoming of 1.6587 will resume a long term growth from 1.1602.