1,7497. EUR AUD is in a range between 1,7495 and 1,7665. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The price should find a support above 1,7495 (2 pips). If the support breaks then the target will be 1,7350 (147 pips).
1,7580 - 1,7665
1,7495 - 1,7430

tags: Forex, euraud
author: Arnaud Jeulin
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