1,6488. EUR AUD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The price should find a resistance below 1,6515. The consolidation should continue. If the support is broken then the target will be 1,6650.
We are waiting for a break of resistance to take a long position.
1,6515 - 1,6560
1,6435 - 1,6320