1,4516. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The price is just above 1,4450 support. The volatility decreases. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,4450 / 1,4600 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,4540 - 1,4580
1,4500 - 1,4450