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.
- 1,6920 - 1,6975
- 1,6830 - 1,6730