Euro Dollar (EUR/USD) - 07/05/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,5506. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,5520 - 1,5565
Supports
1,5485 - 1,5435
updated 07 mai 2008 05:58 GMT +02:00

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