EUR/USD - Euro Dollar
Short term (Intraday)
1,5591. EUR USD broke 1,5750 support. EUR USD is in a consolidation after the last bearish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,5670 - 1,5750
Supports
1,5580 - 1,5525
Long term chart
EUR/USD - Euro Dollar

updated 02 avr 2008 14:02 GMT


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