1,4054. EUR USD broke 1,4130 support. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The consolidation should continue. The price should continue to move in 1,4000 / 1,4070 range.
Resistances
1,4070 - 1,4130
Supports
1,4005 - 1,3950

tags: Forex, eurusd
author: Arnaud Jeulin
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