1,6950. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,6935 (15 pips). If the support breaks then the target will be 1,6850 (100 pips).
Resistances
1,6985 - 1,7020
Supports
1,6935 - 1,6845

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