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EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
- 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. 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
