1,7005. EUR AUD is in a consolidation after the last bearish movement. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 1,6900 support (105 pips).
Resistances
1,7090 - 1,7140
Supports
1,6975 - 1,6850

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