Euro Dollar (EUR/USD) - 14/02/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4587. EUR USD made a false break and continues the actual trend.. EUR USD is in a range between 1,4540 and 1,4630. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4610 - 1,4630
Supports
1,4560 - 1,4540
updated 14 févr 2008 14:33 GMT +02:00

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