EURAUD Chart Technical Outlook looks neutral ahead of the RBA meeting
EUR/AUD printed lower highs and lower lows since mid-August on a more dovish ECB. The RBA meeting is due tomorrow, with an expected pause, and money markets price the same output.
Prices stalled between the Fibo retracement levels of 50% and 61.5% during the last week and bounced higher.
I expect sideways price action ahead of the RBA meeting.
Resistances: 1.6520, 1.6670
Supports: 1.6400, 1.6310
