EUR/AUD ST: the upside prevails as long as 1.6450 is support
1.6450 is our pivot point.
Our preference: the upside prevails as long as 1.6450 is support.
Alternative scenario: below 1.6450, expect 1.6113 and 1.5913.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.6601 and 1.6681).
Supports and resistances:
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