1,5529. EUR USD broke 1,5600 support. EUR USD is in an downtrend directed by 15min 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 to gather momentum. The target is expected at 1,5350 (180 pips). We won't take a position while the volatility is high.
1,5600 - 1,5675
1,5525 - 1,5500