1,8068. EUR AUD is in an downtrend directed by 1H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. The price is just above 1,8000 support. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,8150 (82 pips). The downtrend should continue to gather momentum.
- 1,8160 - 1,8285
- 1,8000 - 1,7900