• EUR/AUD has been trading a falling wedge pattern, intraday bias is lower.
   
• The pair closed below 100-DMA at 1.5168 on Monday's trade. Price action was rejected at session highs by 1.5188, slips lower to currently trade around 1.5150 levels.
   
• RBA minutes released earlier today warned about the negative impact of AUD strength but saw muted reaction from the Aussie. 
   
• Brexit news flow will continue to impact fx action across the board, Yellen's testimony and oil price movement will be tracked for momentum.
   
• The pair finds resistance at 1.5164 (100-DMA) and support at 1.51 (falling trendline).
   
• Momentum studies are bearish, fall till 1.5120 likely. Further weakness could see test of 1.5026 (Apr 8th lows).
   
• Our previous call (http://www.econotimes.com/FxWirePro-EUR-AUD-capped-below-153-handle-bias-lower-223967) is progressing. Recommend holding for targets.