Wednesday, July 23, 2008

EUR/USD - Euro Dollar Analisa

EUR/USD - Euro Dollar

Short term (Intraday)

1,5882. EUR USD is in a range between 1,5800 and 1,5950. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,5800 / 1,5950 range. We won't take a position.
Resistances
1,5910 - 1,5950
Supports
1,5870 - 1,5800
Long term chart
EUR/USD - Euro Dollar
updated 22 juli 2008 13:29 GMT

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