- Resistances
- 1,4190 - 1,4250
- Supports
- 1,4120 - 1,4060
tags: Forex, eurusdauthor: Arnaud JeulinMataf.net offers technical analysis, forex news and currency converter.
By IBTimes Staff Reporter | July 20 2009 1:49 AM
1,4162. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,4120 (42 pips). The uptrend should continue to gather momentum.
tags: Forex, eurusdauthor: Arnaud JeulinMataf.net offers technical analysis, forex news and currency converter.

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