EUR/AUD - Euro Australian Dollar
Short term (Intraday)
1,7045. EUR AUD broke 1,7080 support. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The downtrend should continue on 1,7000 (45 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,7080 - 1,7200
- Supports
- 1,7000 - 1,6975
updated 28 août 2008 05:46 GMT +02:00
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