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EUR/AUD - Euro Australian Dollar

EUR/AUD - Euro Australian Dollar

Short term (Intraday)

1,6353. EUR AUD is in a consolidation after the last bearish movement. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The price should find a resistance below 1,6370. The consolidation should continue. The price should continue to move in 1,6260 / 1,6370 range. We won't take a position.

Resistances
1,6370 - 1,6410
Supports
1,6315 - 1,6260
updated 07 juil 2008 12:03 GMT +02:00

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