EUR/USD - Euro Dollar, American Session - 01/06/09

 @ibtimes
on June 01 2009 5:17 AM

1,4227. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum.

Resistances
1,4245 - 1,4320
Supports
1,4165 - 1,4115

Share this article

More News from IBT MEDIA