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

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4629. EUR USD broke 1,4580 support. EUR USD broke the downtrend to begin a bullish movement. The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,4700 resistance. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4645 - 1,4700
Supports
1,4590 - 1,4520
updated 22 janv 2008 21:41 GMT +02:00

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