Euro Dollar (EUR/USD) - 22/01/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4493. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) crosses and gives a positive signal. The consolidation should continue. The price should continue to move in 1,4400 / 1,4550 range. We won't take a position.

Resistances
1,4520 - 1,4550
Supports
1,4460 - 1,4400
updated 22 janv 2008 12:38 GMT +02:00

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