Euro Australian Dollar (EUR AUD) analysis

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Analysis updated since 1 days

EUR/AUD - Euro Australian Dollar

EUR/AUD - Euro Australian Dollar

Short term (Intraday)

1,7558. EUR AUD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The consolidation should continue.

We won't take a position. The actual configuration is not clear enough to follow the trend.

Resistances
1,7670 - 1,7970
Supports
1,7520 - 1,7430
Long term chart
EUR/AUD - Euro Australian Dollar
updated 03 juil 2009 05:26 GMT

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