Short EUR/AUD rallies for 1.4355
EUR/AUD was rejected at highs around 1.4487, slips below 20-DMA at 1.4405.
Intraday bias lower, close below 20-DMA to accentuate downside.
Stochs are on verge of rollover from overbought levels, RSI biased south.
Major support levels - 1.4382 (session low), 1.4356 (23.6% Fib), 1.43 (Nov 1 low)
Major resistance levels - 1.4462 (5-DMA), 1.4498 (38.2% Fib), 1.4519 (Nov 4 low)
Good to sell rallies, SL: 1.4470, TP: 1.4380/ 1.4355/ 1.43
Intraday bias lower, close below 20-DMA to accentuate downside.
Stochs are on verge of rollover from overbought levels, RSI biased south.
Major support levels - 1.4382 (session low), 1.4356 (23.6% Fib), 1.43 (Nov 1 low)
Major resistance levels - 1.4462 (5-DMA), 1.4498 (38.2% Fib), 1.4519 (Nov 4 low)
Good to sell rallies, SL: 1.4470, TP: 1.4380/ 1.4355/ 1.43
Pair attempts recovery from fresh 2-week lows of 1.4283.
But upside lacks traction.
We would see upticks as shorting opportunities.
SL: 1.4420, TP: 1.43/ 1.4280/ 1.4250/ 1.42