Monday, March 31, 2008

EUR/USD - Euro Dollar
Short term (Intraday)
1,5775. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,5725 / 1,5860 range. If the resistance is broken then the target will be 1,5950.

Resistances
1,5805 - 1,5850
Supports
1,5725 - 1,5700
Long term chart
EUR/USD - Euro Dollar

updated 01 avr 2008 05:59 GMT



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