1,5722. EUR USD broke 1,5700 resistance. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5750. If the resistance is broken then the target will be 1,5825 (100 pips). We won't take a position. The risk/reward ratio is too high to take a position..
1,5750 - 1,5825
1,5630 - 1,5550