1,6978. EUR AUD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,7015 (37 pips). The price should consolidate.
1,7015 - 1,7060
1,6900 - 1,6715

tags: Forex, euraud
author: Arnaud Jeulin
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