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EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4635. EUR USD broke 1,4700 support. EUR USD broke the uptrend to begin a bearish movement. The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a support above 1,4625. The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4670 - 1,4700
Supports
1,4625 - 1,4550
updated 20 févr 2008 13:50 GMT +02:00

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