EUR AUD broke 1,6660 support. EUR AUD is in an uptrend supported by 1H exponential moving averages. EUR AUD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,6585. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,6660 - 1,6780
1,6585 - 1,6450