Euro Australian Dollar (EUR/AUD) - 07/05/2008 - Archive

EUR/AUD - Euro Australian Dollar

EUR/AUD - Euro Australian Dollar

Short term (Intraday)

1,6311. EUR AUD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The downtrend should continue on 1,6200 (+110 pips) support.

Resistances
1,6335 - 1,6375
Supports
1,6280 - 1,6200
updated 07 mai 2008 12:55 GMT +02:00