1,7078. EUR AUD is in an downtrend directed by 4H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. EUR AUD is in a range between 1,6985 and 1,7175. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.
Resistances
1,7150 - 1,7235
Supports
1,7030 - 1,6990

tags: Forex, euraud
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.