1,8808. 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 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The downtrend should continue on 1,8500 support (308 pips). If the support breaks then the target will be 1,7500 (1308 pips).
- 1,8910 - 1,9000
- 1,8660 - 1,8500