EUR/USD - Euro Dollar, American Session - 27/03/08
1,5792. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 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 1,5725. The uptrend should continue to gather momentum. The target is expected at 1,5900.
- Resistances
- 1,5820 - 1,5925
- Supports
- 1,5725 - 1,5700
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