Aussie Election Effect on EUR/AUD?

Most traders focus on the USD/AUD pair. However what about EUR/AUD?
How will a Labor takeover influence this pair? Will it hhve the same effect as it has on USD/AUD? (A possible weakening of AUD against USD)

Thank you!

Rudenstein

I don't trade the AUDEUR but I think fundamentally that AUD rates are still heading up while EUR rates have likely topped out and most likely will be cut in the next few months.

IMO AUDEUR would be heading back to 0.65 (EURAUD ~1.54)

The concern is a further unwinding of carry trades which seemed to hit the AUD harder than the EUR last time