The EUR/AUD pair is currently in a corrective rally for the long downside movement.
It has made a decent pullback and is facing resistance now.
Hence we expect the pair to reach the support level indicated by price action and then move to the values of 1.58086.
It has made a decent pullback and is facing resistance now.
Hence we expect the pair to reach the support level indicated by price action and then move to the values of 1.58086.