1,4243. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. Bollinger bands are flat. 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 resistance below 1,4260 (17 pips). If the resistance breaks then the target will be 1,4350 (107 pips).
Resistances
1,4260 - 1,4330
Supports
1,4200 - 1,4160

tags: Forex, eurusd
author: Arnaud Jeulin
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