Euro Dollar (EUR/USD) - 30/01/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4760. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,4660 and 1,4800. The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,4700 / 1,4800 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4780 - 1,4800
Supports
1,4750 - 1,4700
updated 30 janv 2008 05:46 GMT +02:00

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