1,7449. 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 rises. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,7350 (99 pips). The uptrend should continue on 1,7600 resistance (151 pips).
Resistances
1,7510 - 1,7600
Supports
1,7410 - 1,7340

tags: Forex, euraud
author: Arnaud Jeulin
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