1,8648. 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. The price should find a resistance below 1,8750 (102 pips). The downtrend should continue to gather momentum.
- 1,8730 - 1,8775
- 1,8610 - 1,8520