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Short

EUR/AUD breaks major trend line support , targets 1.5500

FX:EURAUD   Euro Fx/Australian Dollar
294 1 4
EUR/AUD             has broken major trendline support 1.5635 which confirms short term weakness , a decline till 1.5580/1.5500 is possible .

On the higher side major resistance is around 1.5715 and any break above targets 1.5750/1.5795.The minor resistance is around 1.5680

Overall bearish invalidation only above 1.5805 any indicative break above targets 1.5860/1.5900

It is good to sell on rallies around 1.5620-25 with SL around 1.5680 for the TP of 1.5580/1.5500
nick1
a year ago
going down suprb sir
Reply
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