1,6527. EUR AUD is in an downtrend directed by 1H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. There is an horizontal range between 1,6490 and 1,6600. Support and resistance are given by Bollinger bands. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
1,6560 - 1,6600
1,6520 - 1,6490