The EUR/AUD broke above the critical 21 ema zone and resistance trend line (dotted red) which could indicate a larger bullish breakout.
The EUR/USD is breaking for the second time above the 21 ema zone. The second break is often stronger and more reliable than the first breakout. A break below the 21 ema zone and support trend line (blue) could indicate a failed breakout.
The EUR/AUD could build a sideways chart pattern at this point. A bullish breakout above the pattern could indicate an uptrend continuation. One break below the 21 ema zone could just be a retracement within the uptrend but if the EUR/USD breaks below the 21 ema again then a larger reversal could take place.
The EUR/AUD bounced at the 38.2% Fibonacci retracement level and wizz level 3 confluence. A bullish continuation is possible if price breaks above the trend line (red) and later on wizz level 4. A retracement to the 50% Fib is possible and a bouncing spot.