EUR/AUD may fall 45 - 67 pips.

EUR/AUD may fall 45 - 67 pips.

Our pivot point is at 1.7201.

Our preference : Eye 1.7095 Alternative scenario Above 1.7201, look for 1.7238 and 1.7261.

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 below its 20 period moving average (1.7174) but above its 50 period moving average (1.7157).