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EUR/USD – Euro Dollar By Arnaud Jeulin

Jun 17, 2009 Make Money Online

Short term (Intraday)

1,3863. EUR USD is in a range between 1,3745 and 1,3935. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.
We won’t take a position. There is no trade configuration.

Resistances
1,3935 – 1,4000

Supports
1,3810 – 1,3745

—Forexpros.com—

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Tags: Dollar, EUR, Euro, USD