FX:EURAUD   Euro / Australischer Dollar
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The primary trend of EURAUD             is bullish on charts. In its daily chart , the pair is sustaining above the trend line . Prices are consolidating with strong positive bias and is taking resistance at 50 DMA restricting its further up-trend. However, if it breaks its resistance level of 1.5821 & sustains above it then it is expected to show further upward movement in next few days.

INDICATORS:-
RSI - Prices are sustaining in buying territory, supporting the upside movement in the market.

STRATEGY:- GBPUSD             is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.
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