1,9155. EUR AUD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The price should find a resistance below 1,9275 (120 pips). The downtrend should continue to gather momentum.
- 1,9230 - 1,9275
- 1,9040 - 1,9000