EUR/AUD moved down to 1.5000 level as expected, so some may think that pair can be bottoming. Well, a closer look of the wave count on the hourly chart looks like an ongoing impulsive decline in wave 5 that can move down to 1.4900 if we consider the pair can still be in blue wave 3 at the moment. Only rise and daily close above 1.5120 would put low in play.
ERU/AUD, 1H