EUR/USD - Euro Dollar, American Session - 26/03/08
1,5738. EUR USD broke 1,5650 resistance. EUR USD is in an uptrend supported by 15min exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The target is expected at 1,5900. The price should find a resistance below 1,5805.
- Resistances
- 1,5750 - 1,5805
- Supports
- 1,5705 - 1,5650
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