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FxWirePro

EUR/AUD breaks 1.4220, decline till 1.4060 is possible

Short
Euro / Australian Dollar (FX:EURAUD)  
FxWirePro  
FX:EURAUD   Euro / Australian Dollar
3
0
EUR/AUD has formed double top around 1.4275 and retreated from that level.

Intraday trend reversal only above 1.4260. Break above will take the pair till 1.4290/1.4340 in short term.

Intraday support is around 1.4180 and any break below will drag the pair further down till 1.4120/1.4050

We prefer to sell around 1.4215 with stop around 1.4261 for the target of 1.4120/1.4060.
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