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EUR/AUD - Euro Australian Dollar

EUR/AUD - Euro Australian Dollar

Short term (Intraday)

1,6515. EUR AUD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,6550. The consolidation should continue. We won't take a position.

Resistances
1,6520 - 1,6550
Supports
1,6480 - 1,6400
updated 31 juil 2008 05:25 GMT +02:00

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