Euro Dollar (EUR/USD) - 06/02/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4623. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,4500 (120 pips) support. The price should find a support above 1,4550.

Resistances
1,4660 - 1,4700
Supports
1,4600 - 1,4550
updated 06 févr 2008 13:54 GMT +02:00

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