1,4728. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,4680 (48 pips). The uptrend should continue on 1,4790 resistance (62 pips).
Resistances
1,4740 - 1,4790
Supports
1,4695 - 1,4650

tags: Forex, eurusd
author: Arnaud Jeulin
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