1,3906. EUR USD broke 1,3950 support. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,3880 (26 pips). The consolidation should continue. If the support breaks then the target will be 1,3800 (106 pips).
Resistances
1,3850 - 1,4025
Supports
1,3880 - 1,3800

tags: Forex, eurusd
author: Arnaud Jeulin
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