Euro Dollar (EUR/USD) - 05/03/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,9193. 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 is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,5160 / 1,5270 range. If the resistance is broken then the target will be 1,5400 (200 pips).

Resistances
1,5210 - 1,5250
Supports
1,5190 - 1,5160
updated 05 mars 2008 05:53 GMT +02:00

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