FxWirePro: EUR/AUD sees strong resistance at 1.4893, breaks above could test 1.50

• EUR/AUD has edged lower from session highs at 1.4893, which is strong resistance for the pair.
   
• Techs on 4-hourly charts are biased higher, and breaks above 1.4893 could take the pair to 1.50 levels.
   
• Immediate resistance is seen at 1.4893 (Session highs) ahead of 1.4923 (March 4th highs). 
   
• Supports are located at 1.4790 (Dec 7th lows) and further below at 1.4765 (Dec 4th lows).

 

Recommendation: Good to go long on dips around 1.4830, SL: 1.4790, TP: 1.4925/1.50
Resistance Levels:

R1: 1.4893 (Session highs)

R2: 1.4923 (March 4th highs)

R3: 1.4925 (March 3rd highs)

Support Levels:

S1: 1.4790 (Dec 7th lows)

S2: 1.4765 (Dec 4th lows)

S3: 1.4738 (March 4th lows)