EURAUD indecision

EURAUD is currently facing the down trend line with resistance after hitting a key level of 1.6000 and pulling up quickly, it seems as though we will have some consolidation entering this area, I don't believe we will be seeing a clear break or bounce immediately, especially given the fact that its close to end of day Friday. Advice would be to wait this one out until we can get a clear idea as to wether this thing is going to breakout or continue lower.