1,4148. EUR USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,4100 (48 pips). If the support breaks then the target will be 1,4050 (98 pips).
Resistances
1,4185 - 1,4250
Supports
1,4110 - 1,4050

tags: Forex, eurusd
author: Arnaud Jeulin
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