» EUR/USD - Euro Dollar, Asian Session - 26/02/08

EUR/USD - Euro Dollar, Asian Session - 26/02/08

1,4980. EUR USD is in an uptrend supported by 1H 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 price should find a resistance below 1,5000.
Resistances
1,4990 - 1,5000
Supports
1,4950 - 1,4900

Source : EUR USD

This entry was posted on Tuesday, February 26th, 2008 at 23:19 and is filed under EUR USD. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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