Technical Comment : EUR/AUD

EUR/AUD break out of 1,4350-1,4450 range support.
  • 18 months support broken down.
  • 200 WEEKS MA crossed down end of last week in the 1,45 area.
  • Daily & Weekly Macd down.
  • ADX above 15 with DI- dominating testify of solid down trend.
  • First target 1,36-1,37.

Short EUR @ 1,4300+ with stops above 1,4500 .

euraud211016

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