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EUR/AUD - Euro Australian Dollar, American Session - 19/11/08

19 Nov, 2008 @ 05:45 am ET | written by Mataf


1,9507. EUR AUD is in a range between 1,9160 and 1,9670. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,9630 - 1,9670
Supports
1,9450 - 1,9160

For more forex information, go to www.mataf.net

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