1,4221. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,4210 (11 pips). The uptrend should continue to gather momentum.
Resistances
1,4250 - 1,4300
Supports
1,4210 - 1,4160

tags: Forex, eurusd
author: Arnaud Jeulin
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