1,7040. EUR AUD is in an downtrend directed by 1H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The downtrend should continue to gather momentum.
- 1,7100 - 1,7290
- 1,6990 - 1,6850