EUR/AUD down TREND continuation
EUR/AUD OANDA:EURAUD
Looks like the uptrend is over after trend break and EA pair is now in a down trend. Divergence seen on MACD though not always very reliable was a trend reversal warning.
So it has just retraced to 68.1 Fib levels after a strong impulse and will possibly head down towards next support levels of 1.56612 and then 1.56573 .. This will make reasonable take profit targets if short selling.