» EUR/USD - Euro Dollar, Asian Session - 28/02/08

EUR/USD - Euro Dollar, Asian Session - 28/02/08

1,5197. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. 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 price should find a support above 1,5150. The uptrend should continue to gather momentum. The target is expected at 1,5400 (200 pips).
Resistances
1,5230 - 1,5275
Supports
1,5150 - 1,5075

Source : EUR USD

This entry was posted on Thursday, February 28th, 2008 at 23:11 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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