01.31.08

EUR/USD - European Session - 31/01/08

Posted in Currency, Forex, Forex Income, Forex Indicator, Forex News, Forex Signal at 6:55 am by yeop

1,4880. EUR/USD currency pair is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, daily (Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a resistance below 1,4930 (50 pips).

Resistances 1,4900- 1,4930
Supports 1,4830 - 1,4750

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