EUR/USD - Euro Dollar
Short term (Intraday)
1,5457. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,5380 / 1,5490 range. If the support is broken then the target will be 1,5250 (200 pips).
- Resistances
- 1,5500 - 1,5520
- Supports
- 1,5440 - 1,5400
updated 05 mai 2008 06:05 GMT +02:00
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