#EURAUD has still room to the downside after correction

FX:EURAUD   Euro / Australian Dollar
----------EURAUD SHORT----------
EUR and GBP currencies seem to be getting weaker recently after a longer overperformance over commodity currencies like CAD, AUD, NZD in the past few months. So at least a correction is imminent. I see this on the weekly and daily charts. The question is how long will this correction last or is this already over? I think we still have room to the downside in the case of EURAUD, also EURNZD and consequently GBPAUD and GBPNZD.


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