Regarding that EURAUD (I never trade this so don't take these comments seriously):
My short term method (4H) does show vulnerability to the downside but 2 things would concern me at this stage:
1) on the daily, it managed to close under that 1.5000 level 2 days ago but then closed back above it yesterday and is now struggling to press it from above. That is a big Pycho Support number and I would prefer to see it close again under it on the daily to confirm the down side.
2) I am looking at the series of recent HHs and the even longer series of HLs, stretching back to Feb through July, Sept and most recent - that looks like a strong upward support trendline to me and I would have preferred to see that broken first as well?
But these are just comments, I don't ever trade this pair, so take that pinch of salt......
I thought I might add that 4H chart here. This is not a "trading" chart. I just use it to help identify current overall directions. If that 1.5000 level breaks then it does seem we will head straight towards at least 1.4950. But I still have that "if"......oh, and sorry for contaminating your thread with some MA's (help, choke, I'm being strangled........poor old Simple_Simple, he was ok really, just a bit, well, simple.... )