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Long

EUR/AUD takes support near trendline,jump till 1.445 is possible

FX:EURAUD   Euro / Australian Dollar
176 0 6
EUR/AUD             has taken support near trend line 1.4255 and recovered from that level. Overall trend is bullish as long as support 1.4250 holds.

On the down side any break below 1.4250 will drag the pair further down till 1.4200/1.4160.

The pair’s minor resistance is around 1.4325 and break above would extend gains till 1.4380/1.4450 in short term.

It is good to buy at dips around 1.4315 with SL around 1.42750 for the TP of 1.4380/1.4450
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