AFX: EUR/AUD - Euro Australian Dollar, American Session - 03/11/08
1,9157. EUR AUD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,9300 - 1,9550
Supports
1,9035 - 1,8790
