The Australian euro pair retreated today after the Australian interest rate decision was issued, which was fixed at 4.35%, and you can watch the press release here.

Technically

the pair completed the harmonic bat model as we mentioned in the weekly analysis video here

The pair is currently trying to form a head and shoulders pattern on the four-hour frame, as by breaking the neckline it will open the way for further pullbacks towards the levels of 1.6360 at the very least.

This scenario fails if the 1.6530 levels are breached upwards.