1,6313. There is an horizontal range between 1,6280 and 1,6400. Support and resistance are given by Bollinger bands. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in Bollinger bands. If the support is broken then the target will be 1,6170.
We are waiting for a break of support to take a short position.
1,6330 - 1,6360
1,6270 - 1,6170