1,6123. EUR AUD is in an downtrend directed by 1H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should consolidate. The price should find a support above 1,6000. If the support is broken then the target will be 1,5800 (320 pips).
1,6160 - 1,6200
1,6100 - 1,6000