EUR/AUD Range Opportunity

 | Feb 25, 2019 08:44AM ET

EUR/AUD Bearish: Currently, we are at 1.5840 and in a range. IF we can break the support here, we are looking for the continuation to the 0.786 Fibonoacci 1.5794. The overall target is the range bottom at 1.5730 area. The average daily true range (ATR) for the pair currently is 126 pips.