1,9687. EUR AUD broke 1,9650 resistance. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,9460 (227 pips). The uptrend should continue to gather momentum. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,9730 - 1,9890
- Supports
- 1,9520 - 1,9360