1,4661. EUR USD is in a consolidation after the last bearish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The consolidation should continue. The price should continue to move in Bollinger bands. The price should find a support above 1,4600. If the support is broken then the target will be 1,4400. We won't take a position. The risk/reward ratio is too high to take a position..
1,4700 - 1,4770
1,4630 - 1,4600