1,4715. EUR USD is in a consolidation after the last bullish movement. There is an horizontal range between 1,4690 and 1,4765. Support and resistance are given by Bollinger bands. The volatility is high. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. If the support is broken then the target will be 1,4570. If the resistance is broken then the target will be 1,5000. We won't take a position. The risk/reward ratio is too high to take a position..
1,4720 - 1,4765
1,4695 - 1,4570