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EUR/AUD breaks major support 1.5450, decline till 1.5350 is possible

Monday, October 12, 2015 11:27 AM UTC

EUR/AUD has broken major support 1.5450 which confirms short term weakness, a decline till 1.5359 cannot be ruled out.
Short term bullishness can be seen only above 1.5500 and break above target 1.5550.
Overall bearish invalidation only above 1.5560 level.

It is good to sell on rallies around 1.5450 with SL around 1.5500 for the TP of 1.53500

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EUR/AUD breaks major support 1.5450, decline till 1.5350 is possible

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