1,4302. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4330 (28 pips). The price should consolidate. If the resistance breaks then the target will be 1,4400 (98 pips).
- 1,4330 - 1,4400
- 1,4265 - 1,4200