EUR/AUD breaks major trend line support , targets 1.5500
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
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
