1,6770. EUR AUD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The price should find a resistance below 1,6850 (80 pips). The downtrend should continue to gather momentum.
- 1,6800 - 1,6850
- 1,6715 - 1,6650