EUR/AUD intraday: the upside prevails as long as 1.6799 is support
1.6799 is our pivot point.
Our preference: the upside prevails as long as 1.6799 is support.
Alternative scenario: the downside breakout of 1.6799 would call for 1.6754 and 1.6727.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.6811 and 1.6789).
Supports and resistances:
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