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

19 Nov, 2008 @ 12:04 am ET | written by Mataf


1,9531. 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). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. The price should find a resistance below 1,9670 (139 pips). We won't take a position.
Resistances
1,9670 - 1,9820
Supports
1,9450 - 1,9160

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

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