EUR/AUD Bounces Up Off of the Lows

The
AUD
has been experiencing some weakness due to the flooding situation in Australia, however the
EUR
has been even weaker. This daily chart of the
EUR/AUD
shows a market that is still in a downtrend based on the series of lower highs and lower lows. I would still maintain a bearish bias and continue to look for sells as long as the pair remains below the 1.35114 high noted on the chart.