EUR/AUD Technical Analysis: 1.5800 and 1.5785 challenge sellers ahead of Australian jobs report
|- EUR/AUD trades little changed around 1.5825 during the initial hours of Asian trading on Thursday.
- January month Australian jobs report, to be released on 00:30 GMT, will become immediate focus of the pair traders.
- Nearly three-week-old descending trend-line portrays the pair’s gradual declines since early-month.
- However, horizontal-line connecting lows marked on Friday and Monday, followed by late highs of February 05, could offer immediate support to the pair around 1.5800 and then near 1.5785.
- In case prices refrain to respect 1.5785 support, 1.5740 and 1.5725 are likely following numbers to gain market attention.
- On the contrary, 1.5865 could restrict the pair’s immediate upside ahead of highlighting the 1.5885 trend-line resistance.
- Should the quote rallies past-1.5885 then 1.5920 and 1.5970 can offer intermediate halts during the upward trajectory to 1.6000 round-figure.
EUR/AUD hourly chart
Additional important levels:
Overview:
Today Last Price: 1.5831
Today Daily change: 5 pips
Today Daily change %: 0.03%
Today Daily Open: 1.5826
Trends:
Daily SMA20: 1.5892
Daily SMA50: 1.5965
Daily SMA100: 1.5924
Daily SMA200: 1.5856
Levels:
Previous Daily High: 1.5919
Previous Daily Low: 1.5815
Previous Weekly High: 1.6
Previous Weekly Low: 1.5803
Previous Monthly High: 1.6914
Previous Monthly Low: 1.5721
Daily Fibonacci 38.2%: 1.5855
Daily Fibonacci 61.8%: 1.5879
Daily Pivot Point S1: 1.5788
Daily Pivot Point S2: 1.5749
Daily Pivot Point S3: 1.5684
Daily Pivot Point R1: 1.5892
Daily Pivot Point R2: 1.5957
Daily Pivot Point R3: 1.5996
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