1,6280. EUR AUD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,6350. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,6350 - 1,6400
1,6250 - 1,6200