EUR/AUD - Euro Australian Dollar
Short term (Intraday)
1,7070. EUR AUD is in a range between 1,7000 and 1,7190. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,7000 / 1,7190 range. 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 29 août 2008 06:04 GMT +02:00
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