1,3922. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,3800 and 1,3985. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,3925 (3 pips). The downtrend should continue to gather momentum.
- 1,3925 - 1,3985
- 1,3875 - 1,3800