1,4531. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,4445 and 1,4580. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,4440. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,4580 - 1,4650
1,4500 - 1,4440