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- EUR/AUD has recovered from the low of 1.5165 and is currently trading around 1.5488. Short term trend is still bullish as long as support 1.5320 holds.
- The pair has broken minor resistance 1.5400 (Support turned into resistance) and jumped till 1.5507 level.The major resistance is around 1.5510 and break above targets 1.5575/1.5640/.15700
- On the downside minor support is around 1.5450 and break below will take the pair till 1.5375/1.5320 level.
It is good to buy at dips around 1.5460 with SL around 1.5400 for the TP of 1.5575/1.5700
