1,5783. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The price is just bellow 1,5830 / 1,5850 resistance. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5830 / 1,5850. The consolidation should continue. If the resistance is broken then the target will be 1,6000.
We are waiting for a break of resistance to take a long position.
1,5820 - 1,5850
1,5780 - 1,5720