Euro Dollar (EUR/USD) - 06/03/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,5296. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The target is expected at 1,5400 (100 pips).

Resistances
1,5300 - 1,5400
Supports
1,5250 - 1,5180
updated 06 mars 2008 05:58 GMT +02:00

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