1,6975. EUR AUD is in an downtrend directed by daily exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. The volatility is low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The price should find a resistance below 1,7035 (60 pips).
Resistances
1,7000 - 1,7035
Supports
1,6885 - 1,6800

tags: Forex, euraud
author: Arnaud Jeulin
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