EUR/AUD intraday: the downside prevails as long as 1.6753 is resistance
Our pivot point is at 1.6753.
Our preference: the downside prevails as long as 1.6753 is resistance.
Alternative scenario: the upside breakout of 1.6753, would call for 1.6794 and 1.6819.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.6729 and 1.6742).
Supports and resistances:
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