1,7975. There is an horizontal range between 1,7920 and 1,8035. Support and resistance are given by Bollinger bands. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.
- 1,8035 - 1,8150
- 1,7920 - 1,7780