1,6980. EUR AUD is in a consolidation after the last bullish movement. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue.
Resistances
1,7020 - 1,7080
Supports
1,6940 - 1,6850

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