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May 1, 2025

EUR/AUD Daily Outlook: Neutral Bias Persists as Correction Patterns Emerge

The intraday bias in EUR/AUD remains neutral for the time being. A corrective pattern from the 1.8554 level could extend, although downside movements should be contained by the 38.2% retracement level of 1.5963 to 1.8854 at approximately 1.7750. Traders are advised to stay vigilant for changes in trends while monitoring possible shifts.

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