1,7762. EUR AUD is in a consolidation after the last bearish movement. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The price should find a support above 1,7730 (32 pips). If the support breaks then the target will be 1,7550 (212 pips).
- 1,7820 - 1,8000
- 1,7740 - 1,7610