EUR/AUD struggles to break above 1.486,targets 1.469/1.466
EUR/AUD is facing trend line resistance around 1.48626 and any further bullishness can be seen only above that level.
Any break above 1.4865 would extend gains till 1.4906/1.50697.
The pair’s minor resistance is around 1.4820 and break above will target 1.4870.
On the downside any break below 1.4760 will confirm short term weakness and decline till 14690/1.4660 cannot be ruled out.
It is good to sell on rallies around 1.47650-680 with SL around 1.4820 for TP of 1.4690/1.4665.
Any break above 1.4865 would extend gains till 1.4906/1.50697.
The pair’s minor resistance is around 1.4820 and break above will target 1.4870.
On the downside any break below 1.4760 will confirm short term weakness and decline till 14690/1.4660 cannot be ruled out.
It is good to sell on rallies around 1.47650-680 with SL around 1.4820 for TP of 1.4690/1.4665.