1,4244. EUR USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4300 (56 pips). The consolidation should continue.
Resistances
1,4300 - 1,4330
Supports
1,4200 - 1,4140

tags: Forex, eurusd
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.