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FxWirePro: EUR/AUD downward momentum remains in place 
• EUR/AUD dipped on Monday as sentiment remained bearish due to European growth concerns.
• Upcoming eurozone inflation data and remarks from ECB Chief Economist Philip Lane next week are expected to be key drivers.
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• ECB Chief Economist Philip Lane indicated that further policy easing is possible this year but emphasized the need to balance actions to prevent a recession or delays in controlling inflation.
• Immediate resistance is located at 1.6640( 38.2%fib), any close above will push the pair towards 1.6779(23.6%fib)
• Strong support is seen at 1.6538(50 %fib ) and break below could take the pair towards 1.6495(Jan 2nd low).
Recommendation: Good to sell round 1.6600, with stop loss of 1.6700 and target price of 1.6520
