1,5792. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5810. The consolidation should continue. If the resistance is broken then the target will be 1,6000 (210 pips).
We are waiting for a break of resistance to take a long position.
1,5810 - 1,5835
1,5765 - 1,5720