1,6722. EUR AUD is in an downtrend directed by 1H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. EUR AUD is in a range between 1,6630 and 1,6770. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,6650. The consolidation should continue. If the support is broken then the target will be 1,6500 (220 pips). We won't take a position.
1,6770 - 1,6835
1,6700 - 1,6630