EUR/AUD trading recommendations for 9th June 2016

EUR/AUD has formed a bullish divergence vs RSI since our analysis yesterday, and this gives us a good conviction of it making a strong bounce from here to the divergence potential of 1.5330, which is also a fibonacci retracement level.

Trading recommendation:
Entry now
Take profit at 1.5330 and 1.5300
Stop loss at 1.5175

More analysis - at [instaforex.com