1,4640. EUR USD broke 1,4610 resistance. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The consolidation should continue. The price should find a resistance below 1,4660. If the resistance is broken then the target will be 1,4800. We won't take a position. The risk/reward ratio is too high to take a position..
1,4660 - 1,4700
1,4600 - 1,4540