Euro Dollar (EUR/USD) - 18/02/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4682. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a resistance below 1,4710. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4700 - 1,4710
Supports
1,4660 - 1,4630
updated 18 févr 2008 06:49 GMT +02:00

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