EUR/AUD intraday: the downside prevails as long as 1.5748 is resistance
Our pivot point is at 1.5748.
Our preference: the downside prevails as long as 1.5748 is resistance.
Alternative scenario: above 1.5748, look for 1.5787 and 1.5810.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.5735 and 1.5757).
Supports and resistances:
1.5810 **
1.5787 *
1.5748 **
1.5733
1.5716 last
1.5662
1.5639 **

6 Reasons To Open An Account
Multi-language 24/7 professional support
Fast, convenient fund and withdrawals
Free demo account $10,000
International recognition
Real-time quotes with push notification
Professional market analysis broadcast
6 Reasons To Open An Account
Multi-language 24/7 professional support
Fast, convenient fund and withdrawals
Free demo account $10,000
International recognition
Real-time quotes with push notification
Professional market analysis broadcast