1,7018. EUR AUD is in an downtrend directed by 4H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, dailt (Mataf Trend Indicator) is in a bearish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The downtrend should continue to gather momentum.
Resistances
1,7050 - 1,7130
Supports
1,6990 - 1,6900

tags: Forex, euraud
author: Arnaud Jeulin
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