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EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4774. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a resistance below 1,4800. If the resistance is broken then the target will be 1,4900 (125 pips).

Resistances
1,4800 - 1,4900
Supports
1,4750 - 1,4670
updated 29 janv 2008 05:58 GMT +02:00

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