1,6916. EUR AUD is in an downtrend directed by 4H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The consolidation should continue. The price should continue to move in Bollinger bands.
Resistances
1,6975 - 1,7050
Supports
1,6850 - 1,6790

tags: Forex, euraud
author: Arnaud Jeulin
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