1,5440. EUR USD is in an downtrend directed by 15min exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,5400. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,5470 - 1,5550
1,5400 - 1,5350

Arnaud Jeulin