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Technicals

EUR/USD - Euro Dollar, European Session - 25/07/08

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24 July 2008 @ 10:30 pm EST
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1,5699. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,5630 / 1,5750 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,5715 - 1,5750
Supports
1,5665 - 1,5630

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09/08/2008
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