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FxWirePro-Major European Indices 
- EUR/AUD remains capped below major trendline resistance (currently at 1.56).
- Pair sliding down along trendline resistance, currently holds above 21-DMA support at 1.5456.
- Breaks below will find next support at 1.5366 (May 17th lows) and then 1.5344 (cloud top).
- Techs on weekly charts support upside. Break above 1.56 could see gains till 1.60 levels.
- Trade recommendation: Buy dips around 1.5490, SL: 1.5450, TP: 1.5540/1.5580/1.56
- A decisive break above 1.56 cloud see gains upto 1.60 levels.
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FxWirePro: EUR/AUD holds 21-DMA support at 1.5456, weakness only on break below
Monday, May 30, 2016 9:03 AM UTC
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