EUR/USD - Euro Dollar
Short term (Intraday)
1,5676. EUR USD is in a range between 1,5520 and 1,5700. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 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
1,5700 - 1,5730
Supports
1,5620 - 1,5520
Long term chart
EUR/USD - Euro Dollar


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