EUR/USD - Euro Dollar, European Session - 27/02/08
1,5000. 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. 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 1,5050.
- Resistances
- 1,5050 - 1,5100
- Supports
- 1,4980 - 1,4930
Source : EUR USD
This entry was posted on Wednesday, February 27th, 2008 at 7:25 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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