Technicals

1,5435. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a resistance below 1,5450. The downtrend should continue to gather momentum.
=> We could take a short position at 1,5440. We will put the stop loss above 1,5470 (-30 pips). The targets are 1,5375 (+65 pips) 1,5330 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.