EUR/USD - Euro Dollar, American Session - 19/11/08

19 November 2008 @ 06:13 am EDT

1,2708. EUR USD broke 1,2700 resistance. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,2570 / 1,2800 range. We won't take a position.
Resistances
1,2745 - 1,2800
Supports
1,2660 - 1,2570

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