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).
- 1,4260 - 1,4330
- 1,4200 - 1,4160