1,3908. EUR USD is in a range between 1,3880 and 1,4050. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,3880 (28 pips). If the support breaks then the target will be 1,3800 (108 pips).
Resistances
1,3945 - 1,4050
Supports
1,3880 - 1,3800

tags: Forex, eurusd
author: Arnaud Jeulin
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