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• EUR/AUD slipped lower on Friday as broad rally in gold, silver, copper and global equities provided support for the Australian dollar.
• The Reserve Bank of Australia's (RBA) minutes from its September monetary policy meeting, due on Tuesday, will be closely watched for further clues on the central bank's policy outlook..
•Investors will also closely monitor Australia's September employment report next week for further clues on the labour market outlook, following an unexpected rise in the unemployment rate to a five-year high of 4.6% in August.
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• Oil prices fell as Middle East supply concerns eased after US President Donald Trump said the country would not attack Iran before elections next month.
• Immediate resistance is located at 1.6119(Daily high), any close above will push the pair towards 1.6159(38.2%fib).
• Immediate support is seen at 1.6020(23.6%fib) and break below could take the pair towards 1.5994(Lower BB)
Recommendation: Good to sell around 1.6030, with stop loss of 1.6100 and target price of 1.5900
