1,5774. 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 low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,5850. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,5800 - 1,5850
1,5735 - 1,5720