1,2943. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,3020 (77 pips). The downtrend should continue to gather momentum.
1,2970 - 1,3020
1,2850 - 1,2785