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- EUR/AUD has made a low of 1.5513 yesterday and slightly recovered from that level. Short term trend is bullish as long as support 1.5590 holds.
- Any break below 1.5590 will drag the pair further down till 1.5550/1.5500 in short term.
- The pair's minor resistance is around 1.5725 and any break above will take the pair to next level at 1.5795/1.5860.
It is good to buy at dips around 1.5675-80 with SL around 1.5590 for the TP of 1.5795/1.5860
