EUR/AUD Forecast: Three Scenarios for the Next Move

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EUR/AUD Analysis (Currently at 1.6205):

First Scenario: EUR/AUD will rise directly to the resistance level at 1.6335.

Second Scenario: The pair will drop to the support level at 1.6100 before moving up to the target of 1.6335.

Third Scenario: If EUR/AUD breaks below the 1.6100 support, it will fall further to the next support at 1.6040, and from there, it is expected to rise to the target resistance at 1.6335.
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Beyond Technical AnalysisChart PatternsTrend Analysis

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