EUR starting to look soft on the crosses; drop buy-dip strategy for EUR/USD

• EUR/AUD has made a major technical break lower below 1.50 and selling rallies is heavily favoured;
• EUR/GBP has failed to hold technical support near .8325 and more short-term downside looks likely;
• EUR/JPY is trading towards the bottom end of its 140.40/142.00 consolidation range and the 100-DMA at 140.20 should be closely watched.

I had been operating a buy-dip strategy in EUR/USD but I will hold off for now. If the crosses turn bearish then EUR/USD will not go up. The crucial level for me is around 1.3650 so lets wait and see if we can get a test of this in coming sessions.