1,9289. EUR AUD is in an downtrend directed by 1H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,9400 (111 pips). The downtrend should continue to gather momentum.
- 1,9405 - 1,9570
- 1,9250 - 1,9140