EUR/USD - Euro Dollar, European Session - 29/02/08
1,5194. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5170. The uptrend should continue to gather momentum. The target is expected at 1,5400 (200 pips).
- Resistances
- 1,5230 - 1,5275
- Supports
- 1,5170 - 1,5100
Source : EUR USD
This entry was posted on Friday, February 29th, 2008 at 7:07 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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