updated analysis since 1 days
EUR/USD - Euro Dollar
Short term (Intraday)
1,5748. EUR USD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,5700. If the support is broken then the target will be 1,5530. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,5800 - 1,5900
- Supports
- 1,5720 - 1,5700
- Long term chart
- EUR/USD - Euro Dollar
updated 23 juil 2008 13:17 GMT
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