EUR/AUD - turning BEARISH?

FX:EURAUD   Euro / Australian Dollar
16 0
The difference a week makes. Last week this pair looked quite strongly BULLISH but 1.3923 now looks to be a significant level. On the H4 charts the 200 and 100 sma meet at 1.3923.
Unless EUR/AUD can rise above and hold above this level then the picture looks BEARISH .
A break and hold above this level and the picture turns BULLISH .

Trade idea.
Look to SELL if price stays below 1.3923
Look to BUY if price stays above 1.3923.
Look to SELL at 1.4069.
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