1,6906. EUR AUD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,6920 (14 pips). The downtrend should continue to gather momentum.

Resistances
1,6920 - 1,6975
Supports
1,6830 - 1,6730
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tags: Forex, euraud
author: Arnaud Jeulin
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