Problem with this pair (as with many other AUD crosses) is that it can cut through resistance lines like a knife through butter when investors dump the higher yielding AUD for the 'safer' EUR. This can't be predicted beforehand. however, at this point I'd probably close out any short positions to protect profits. Daily Stochastic are showing the pair to be oversold. Here are the major resistance and support lines. Note the upward channel denoted by the red R/S lines.
fxterrapin
fxterrapin