We discuss both a technical and fundamental argument for a medium term sell for EUR/AUD on the weekly chart. Not only do we have a a cluster of multiple Fibonacci levels (including a Gartley), we have a seasonally based one too. The Australian Dollar is historically very bullish throughout April whereas the Euro is also, but to a lesser extent. Last week's close as a bearish pin bar reveral at a multi-year high could be a potential turning point for the Euro against the Australian Dollar.