1,6510. EUR AUD is in a consolidation after the last bearish movement. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The price should find a support above 0,6450. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,6595 - 1,6660
1,6480 - 1,6445