FxWirePro: EUR/AUD struggles at 200-DMA, further upside likely on break above

• EUR/AUD has broken major trendline resistance at 1.49 levels.
   
• The pair has cleared past 100-DMA at 1.4981, but is struggling at 200-DMA at 1.5067.
   
• Further upside likely on break above 200-DMA. Test of 1.55 levels then likely.
   
• Pair could resume downside on fall below 100-DMA. 
   
• Weekly charts are bullish. Stochs, RSI and MACD on weeklies confirm upside.
  ​

Recommendation: 
 

• Risk averse can go long on break above 200-DMA.
   
• Others with risk appetite can long dips around 1.50, SL: 1.49, TP: 1.5130/ 1.52/ 1.5280/ 1.5365