A double top followed by a clear break of the blue zone has triggered my sell signal. The next key area of resistance would be 1.54500 area. Let's see what happens.
Reasons to enter a sell trade: - a double tops meaning a reversal could be on the cards. - price has moved away from the outer Bollinger band - RSI shows a downwards divergence - a clear break of 1.56500 level/zone - the MAs are now facing downwards - No major news for either EUR or AUD till Thursday 15th