EUR/AUD Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bearish
- Price below the 20-day average
- Daily RSI 29, weak momentum
- Daily MACD below its signal line
- 5-day down 1.2%
- Daily view is bearish
- Price below the 50-day average
- 20-day average below the 50-day
- 20-day down 2.5%
- Daily MACD below zero
- Price below the 40-week average
- 10-week average below the 40-week
- 6-month down 2.8%
- Weekly MACD below its signal line
- Weekly RSI 31, weak momentum
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
EUR/AUD: Bearish below the pivot
Our preference
Below 1.58241, look for a move towards 1.57417.
Alternative scenario
Above 1.58241, expect 1.58547 and 1.58729.
Comment
As long as price stays below the pivot, the downside structure remains intact. RSI is at 38 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 1.58729 |
| Resistance 2 | 1.58547 |
| Pivot | 1.58241 |
| Price | 1.58071 |
| Support 1 | 1.57417 |
| Support 2 | 1.57236 |
| Support 3 | 1.57054 |
EUR/AUD: Target level as a potential turning point
Our preference
Below 1.63958, look for a move towards 1.58444.
Alternative scenario
Above 1.63958, expect 1.66498 and 1.68009.
Comment
Price is approaching our first target at 1.58444, which may trigger a pullback; a clear break below it would open the way to 1.56937. RSI is at 30 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 1.68009 |
| Resistance 2 | 1.66498 |
| Pivot | 1.63958 |
| Price | 1.58071 |
| Support 1 | 1.58444 |
| Support 2 | 1.56937 |
| Support 3 | 1.55431 |
AI market story
Updated 2026-10-28 10:48 UTC+8EUR/AUD bearish across timeframes, watch lower Bollinger band
At 1.58167, EUR/AUD is down 0.57% in a day, 1.23% in five days and 2.46% in twenty days, sitting near the lower Bollinger band at 1.58198 and the 20-day low of 1.58229. Daily RSI is 30 and MACD stays below its signal with a third day of widening histogram.
Price journey: up or down lately?
It is falling. The pair lost 0.57% in a day, 1.23% in five days and 2.46% in twenty days, and at 1.58167 it is pressing the 20-day low of 1.58229.
Trend: which way is the bigger picture pointing?
The bigger direction is down. The 20-day average at 1.60442 and 50-day at 1.61337 both sit above price, and the technical read is bearish short, medium and long term.
Momentum: gaining or losing strength?
Bearish momentum is strengthening. Daily RSI fell from 41 five days ago to 30, MACD is below its signal line and the histogram has widened for three straight days.
Key levels: which prices matter next?
Watch the lower Bollinger band at 1.58198 and the 20-day low of 1.58229. The intraday pivot is 1.58241 and the bearish view holds below it, with targets at 1.57417 and 1.57236 and first resistance at 1.58547.
ECB rate decision and Australian data to drive 1.2-2x moves
The key event is the ECB main refinancing rate on 10-29 at 21:15, expected at 2.65, unchanged from prior. Across 22 past releases EUR/AUD moved 79.4 points on average in four hours, up to 117 points, about 1.3 times normal. Australia's policy rate, prior 4.6, averages 98.1 points, about 2 times.
What is coming up on the calendar?
On 10-29 at 08:30 Australia releases third-quarter import and export price indices, both low importance. Later that day at 21:15 the euro area publishes the main refinancing rate, high importance, expected at 2.65, plus the marginal lending and deposit facility rates.
How much do these events usually move the price?
After the ECB decision, EUR/AUD moved 79.4 points on average over four hours across 22 releases, up to 117 points, about 1.3 times normal, rising 41% of the time. Australia's policy rate averaged 98.1 points, up to 195.4, about 2 times normal.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
EUR/AUD is below its daily short trailing stop. Short positions can reference 1.60822 (1.71% away); it only moves down. A daily close above 1.60822 signals the trend is strengthening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is below the 20- and 50-day moving averages, a weak medium-term structure.
- Daily RSI is 29, oversold; rebounds are more likely after sharp drops.
- Daily MACD is below its signal line; daily momentum is down.
- Price is below the daily lower Bollinger Band (1.58174): weak, but stretched.
Related economic events this week
| 10-28 08:30 | Australia Q3 Trimmed Mean CPI YoYAfter 11 past releases, EUR/AUD moved 85.8 pips on average in 4 hours (1.6× normal) · max 151.8 pips | 3.7 |
| 10-28 08:30 | Australia Q3 Trimmed Mean CPI QoQAfter 11 past releases, EUR/AUD moved 85.8 pips on average in 4 hours (1.6× normal) · max 151.8 pips | 1 |
| 10-29 08:30 | Australia 3Q Import Price Index QoQAfter 11 past releases, EUR/AUD moved 67.8 pips on average in 4 hours (1.2× normal) · max 136.8 pips | — |
| 10-29 08:30 | Australia 3Q Export Price Index QoQAfter 11 past releases, EUR/AUD moved 67.8 pips on average in 4 hours (1.2× normal) · max 136.8 pips | — |
| 10-29 21:15 | Eurozone ECB Main Refinancing Rate HighAfter 22 past releases, EUR/AUD moved 79.4 pips on average in 4 hours (1.3× normal) · max 117.0 pips | 2.65 |
| 10-29 21:15 | Eurozone ECB Marginal Lending Rate HighAfter 22 past releases, EUR/AUD moved 79.4 pips on average in 4 hours (1.3× normal) · max 117.0 pips | 2.9 |
| 10-29 21:15 | Eurozone ECB Deposit Facility Rate HighAfter 22 past releases, EUR/AUD moved 79.4 pips on average in 4 hours (1.3× normal) · max 117.0 pips | 2.5 |
| 11-03 11:30 | Australia Policy RateAfter 21 past releases, EUR/AUD moved 98.1 pips on average in 4 hours (2.0× normal) · max 195.4 pips | — |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for EUR/AUD
None of the financial news we collected in the last 7 days mentioned EUR/AUD directly.
Trade signals for EUR/AUD
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for EUR/AUD.
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for EUR/AUD.
Chart patterns in play for EUR/AUD
No active 15-minute to 4-hour patterns for EUR/AUD right now.
FAQ
Where are EUR/AUD support and resistance levels today?
Intraday resistance: 1.58241, 1.58547, 1.58729. Support: 1.57417, 1.57236, 1.57054. Pivot: 1.58241 (updated Oct 28, 2026 15:09 UTC+8).
Is EUR/AUD bullish or bearish now?
Intraday: bearish. Short-term (daily): bearish. Bearish below 1.58241, targeting 1.57417 and then 1.57236.
How has EUR/AUD been trading lately?
EUR/AUD bearish across timeframes, watch lower Bollinger band. At 1.58167, EUR/AUD is down 0.57% in a day, 1.23% in five days and 2.46% in twenty days, sitting near the lower Bollinger band at 1.58198 and the 20-day low of 1.58229. Daily RSI is 30 and MACD stays below its signal with a third day of widening histogram.
How do I read the EUR/AUD technical score?
Currently short-term bearish, medium-term bearish, long-term bearish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on EUR/AUD?
EUR/AUD is below its daily short trailing stop. Short positions can reference 1.60822 (1.71% away); it only moves down. A daily close above 1.60822 signals the trend is strengthening.
Which economic events matter for EUR/AUD next?
ECB rate decision and Australian data to drive 1.2-2x moves. The key event is the ECB main refinancing rate on 10-29 at 21:15, expected at 2.65, unchanged from prior. Across 22 past releases EUR/AUD moved 79.4 points on average in four hours, up to 117 points, about 1.3 times normal. Australia's policy rate, prior 4.6, averages 98.1 points, about 2 times.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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