EUR/AUD TECHNICAL ANALYSIS

EURAUD – Looking to sell Into strength whilst 1.6250 resistance continues to contain prices lower.

​Trend: Bullish

Key Levels: Resistance 1.6250

Price Action: Inside  Bar forms at 1.6250 resistance. Market structure breaks on the lower time frames.
​
Notes: We will consider selling short on any pockets of strength towards resistance, targeting a move back to the low at 1.600 and then potentially lower.