EUR/USD - Euro Dollar, European Session - 29/09/09

By IBTimes Staff Reporter | September 29 2009 1:19 AM

1,4632. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,4560 (72 pips). The consolidation should continue.

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Resistances: 1,4645 - 1,4690
Supports: 1,4590 - 1,4560

tags: Forex, eurusdauthor: Arnaud JeulinMataf.net offers technical analysis, forex news and currency converter.

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