- EUR/AUD has formed double top around 1.4275 and retreated from that level.
- Intraday trend reversal only above 1.4260. Break above will take the pair till 1.4290/1.4340 in short term.
- Intraday support is around 1.4180 and any break below will drag the pair further down till 1.4120/1.4050.
We prefer to sell around 1.4215 with stop around 1.4261 for the target of 1.4120/1.4060.
The material has been provided by InstaForex Company – www.instaforex.com