1,4219. EUR USD is in a consolidation after the last bullish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,4205 / 1,4270 range. If the support breaks then the target will be 1,4130 (89 pips).
Resistances
1,4240 - 1,4270
Supports
1,4205 - 1,4130

tags: Forex, eurusd
author: Arnaud Jeulin
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