Euro Dollar (EUR/USD) - 08/05/2008 - Archive

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,5357. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,5220 (140 pips) support.

Resistances
1,5380 - 1,5400
Supports
1,5285 - 1,5220
updated 08 mai 2008 13:52 GMT +02:00

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