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- EUR/AUD has broken major support at 1.4790 and is currently trading at 1.4745 levels.
- Technicals on daily charts support further downside. Stoch show a bearish crossover and RSI is biased lower.
- The pair finds next support at 1.4662 (Mar 23rd lows), while bearish invalidation above 1.4790.
- Our previous call (http://www.erconotimes.com/FxWirePro-EUR-AUD-bounces-off-trendline-support-good-to-buy-dips-185508) has hit all targets.
Recommendation: Sell rallies around 1.4760, SL: 1.48, TP: 1.4660/1.46
