EURAUD

SELL IDEA

1. Euraud might continue down movement from here with two potential targets.
   
2. Fundamentals: Rba held interest rate at 4.35 while ECB could be cutting it today. We had employment change and unemployment rate for aud today which turned out good and gave aud some boost.
   

Targets: tp 1: 1.62
tp 2: 1.60