EUR/AUD - Euro Australian Dollar, European Session - 27/02/08
1,6036. EUR AUD is in a range between 1,5950 and 1,6130. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,5950 / 1,6130 range. We won’t take a position.
- Resistances
- 1,6085 - 1,6130
- Supports
- 1,6010 - 1,5950
Source : EUR AUD
This entry was posted on Wednesday, February 27th, 2008 at 7:03 and is filed under EUR AUD. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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