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EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,5395. EUR USD is in an uptrend supported by 1H exponential moving averages. The price is just bellow 1,5400 resistance. The volatility is high. Bollinger bands are parallel and form the trend. 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 1,5370. The uptrend should continue to gather momentum. The target is expected at 1,5475.

Resistances
1,5430 - 1,5475
Supports
1,5350 - 1,5300
updated 07 mars 2008 05:57 GMT +02:00

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