1,7405. EUR AUD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The downtrend should continue to gather momentum.
Resistances
1,7435 - 1,7500
Supports
1,7365 - 1,7285

tags: Forex, euraud
author: Arnaud Jeulin
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