If you look at the oscillators like , , on the chart to measure the energy of the market, you see divergences and overbought which all means market doesn't have enough energy to break this .
Based on price action and the Japaneese Candle Stick patterns we can easily see a few small candles has been shaped on that area which is showing buyers are not very strong to push the price higher. The last candle for yesterday is a kind of high test bar which has a long leg on its top and then a long red body indicated the pressure from sellers. As you see this candle went below the low's of its previous candle which is another selling signal.
Based on Waves we had an correction when priced came down from this zone last time ( From Jan 2019 to mid Apr ). After than a new set of 5 waves completed. If you test the idea with Fibonacci it confirms the 5 impulse waves are counted correctly.
From the point of view, Mario Draghi said ECB could cut interest rates again or provide further asset purchases if doesn't reach its target. He admits the only option to increase the rate is when goes much higher than the target. So this sounds like a sell signal or at least not supporting a rally for EUR anymore.
These are just a couple of signals we have to go short on EURAUD . The other possible scenario is EUR breaking this area upward which means our forecast failed, we change the position direction and get ready for a long position then, but we don't want to put much emphasis on this scenario as it is not really high probability.