EUR/AUD takes support near trend line,jump till 1.585 is possibl

EUR/AUD has taken trend line support around 1.5666 (trend line joining 1.5832 and 1.5741) and nay break below confirms short term weakness, a decline till 1.5600/1.5580 cannot be ruled out.

On the higher side minor resistance is around 1.5750 and break above will take the pair to next target 1.5795/1.5840.

It is good to buy around 1.5700-705 with SL around 1.5660 for the TP of 1.5790/1.5845