1,6895. 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 consolidation should continue. The price should continue to move in Bollinger bands. If the support breaks then the target will be 1,6800 (95 pips).
Resistances
1,6920 - 1,6960
Supports
1,6855 - 1,6800

tags: Forex, euraud
author: Arnaud Jeulin
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