After falling 25 pips, the pair is again rebounding and consolidating with the 50 days MA at 1.4963 dollars per euro. Both MA could cross each other, hinting a possible trend shift. If the pair breaks the 50 day MA, the next target will be 1.5000, while below the support is at 1.4950 dollars per euro.The bands of Bollinger show an 80 pips volatility in the hour, while the RSI is on a neutral zone.

If we observe the MACD and the Stochastic, both indexes show buying signs, right now.