1,6419. 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 low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,6260 / 1,6480 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,6440 - 1,6480
1,6345 - 1,6260