EUR/AUD - Euro Australian Dollar, European Session - 30/05/08
1,6241. EUR AUD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,6200. The consolidation should continue. If the support is broken then the target will be 1,6000 (240 pips). […]
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