Euro Dollar (EUR/USD) - 28/02/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,5114. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,5075. The uptrend should continue to gather momentum. The target is expected at 1,5400.

Resistances
1,5150 - 1,5180
Supports
1,5075 - 1,5020
updated 28 févr 2008 05:54 GMT +02:00

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