1,7085. EUR AUD broke 1,7110 support. EUR AUD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,7110 (25 pips). The downtrend should continue to gather momentum.
1,7110 - 1,7210
1,7000 - 1,6900

tags: Forex, euraud
author: Arnaud Jeulin
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