Correction of EUR/AUD Has Completed

Technical Reports

Trading in the pair is on the upside for retesting of 1.5770. The correction from 1.5770 might be completed at 1.5321. Pivot points are at: (S1) 1.5426; (P) 1.5476; (R1) 1.5533.

Overcoming of 1.5770 will renew a medium term uptrend. Trading below minor support 1.5418 will prolong the correction.

Corrective drop from 1.6587 has completed at 1.3624. Overcoming of 1.5226 will indicate trend reversal. The pair can retest key resistance 1.6587. Overcoming of 1.6587 will resume a long term growth from 1.1602.