EURAUD Facing A Temporary Pullback

 | May 11, 2016 10:18AM ET

No change on EUR/AUD since yesterday; we are still waiting on a deeper A-B-C retracement of a higher degree back to one of the supports, 1.5131 is first one and other one is at 1.4935. Ideally we will see a bounce from that region later or maybe next week.

EUR/AUD, 4H