1,4588. EUR USD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,4550 (38 pips). The consolidation should continue. If the support breaks then the target will be 1,4400 (188 pips).
Resistances
1,4615 - 1,4740
Supports
1,4560 - 1,4515

tags: Forex, eurusd
author: Arnaud Jeulin
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