• EUR/AUD declined on Thursday as Australian dollar was boosted by robust Aussie jobs data
• Australia's jobs report showed 53,000 net jobs were added in March, more than double the forecast of 20,000 and the second straight month of strong gains.
• EUR/AUD dipped to hit daily low at 1.6309 . Sustained break below at 50 %fib support would target 1.6200 level
• Immediate resistance is located at 1.6445 (38.2 %fib), any close above will push the pair towards 1.6483(Higher BB)
• Strong support is seen at 1.6281(50%fib ) and break below could take the pair towards 1.6203(21DMA).
Recommendation: Good to sell around 1.6320, with stop loss of 1.6460 and target price of 1.6240
