Euro Dollar (EUR/USD) - 17/01/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4644. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. 1H ForexSto (Modified Stochastic) crosses and gives a negative signal. The consolidation should continue. The price should continue to move in Bollinger bands. The price should find a support above 1,4600. If the support is broken then the target will be 1,4400.

Resistances
1,4710 - 1,4770
Supports
1,4600 - 1,4550
updated 17 janv 2008 21:30 GMT +02:00

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