1,5321. EUR USD broke 1,5400 support. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,5300 support. If the support is broken then the target will be 1,4800 (500 pips).
We are waiting for a break of support to take a short position.
1,5400 - 1,5465
1,5300 - 1,5280