Euro Dollar (EUR/USD) - 21/01/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4458. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,4400 (60 pips) support.

Resistances
1,4485 - 1,4560
Supports
1,4435 - 1,4400
updated 21 janv 2008 22:18 GMT +02:00

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