according to EURAUD technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 1.6175
Resistance2 # ----- # 1.6197
Resistance3 # ----- # 1.6170
Support 1 # ----- # 1.6130
Support 2 # ----- # 1.6111
Support 3 # ----- # 1.6168
I suggest to take SHORT position at --- 1.6153
target take profit at --- 1.6105
target stop loss at --- 1.6191
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..