Euro Dollar (EUR/USD) - 23/01/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4632. EUR USD is in a consolidation after the last bullish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,4390 / 1,4700 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4660 - 1,4700
Supports
1,4520 - 1,4390
updated 23 janv 2008 21:40 GMT +02:00

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