1,7112. EUR AUD is in an uptrend supported by 4H exponential moving averages. EUR AUD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
1,7190 - 1,7265
1,7080 - 1,6960

Arnaud Jeulin