EURAUD BIAS

Price is getting in getting back inside the long holding ascending channel and now in a range bound market, a break above with retest @1.6600 will definitely set price higher, while rejection off the zone will definitely sent price lower, with the candle formation on 4H and 1H we've a bullish and also a wedge pattern we are yet to have a clear direction of where it will break to... I favor possible bullish side to 1.6600, then 1.6400 is also a zone to keep an eyes on for possible reversals.