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EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4864. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The price is just bellow 1,4900 resistance. The volatility decreases. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4900. If the resistance is broken then the target will be 1,5000.

Resistances
1,4880 - 1,4910
Supports
1,4815 - 1,4750
updated 01 févr 2008 05:53 GMT +02:00

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