» EUR/USD - Euro Dollar, European Session - 03/03/08

EUR/USD - Euro Dollar, European Session - 03/03/08

1,5215. 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 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5150. The uptrend should continue to gather momentum. The target is expected at 1,5400 (185 pips).
Resistances
1,5220 - 1,5240
Supports
1,5190 - 1,5150

Source : EUR USD

This entry was posted on Monday, March 3rd, 2008 at 7:09 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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