1,6240. EUR AUD is in an downtrend directed by 4H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. The volatility is high. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,6000 / 1,6320 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,6250 - 1,6320
1,6110 - 1,6000