Euro Dollar (EUR/USD) - 19/02/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4713. EUR USD broke 1,4700 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The target is expected at 1,4900. The price should find a resistance below 1,4720.

Resistances
1,4720 - 1,4730
Supports
1,4700 - 1,4650
updated 19 févr 2008 06:40 GMT +02:00

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