EUR/USD - Euro Dollar, American Session - 28/02/08
1,5135. 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. The consolidation should continue. The price should continue to move in 1,5080 / 1,5150 range. If the resistance is broken then the target will be 1,5400 (260 pips).
- Resistances
- 1,5150 - 1,5180
- Supports
- 1,5075 - 1,5020
Source : EUR USD
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02 28th, 2008 at 17:28
the news supplied at this time is correct,mabe it goes further,upward trend