02.29.08
EUR/USD - European Session - 29/02/08
1,5194. EUR/USD currency pair is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR/USD. The price should find a resistance below 1,5170. The uptrend should continue to gather momentum. The target is expected at 1,5400 (200 pips).
Resistances 1,5230 - 1,5275
Supports 1,5170 - 1,5100
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EUR/USD - European Session - 29/02/08 said,
February 29, 2008 at 7:46 am
[...] your electronic online portal wrote an interesting post today onHere’s a quick excerpt 1,5194. EUR/USD currency pair is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR/USD. The price should find a resistance below 1,5170. The uptrend should continue to gather momentum. The target is expected at 1,5400 (200 pips). Resistances 1,5230 - 1,5275 Supports 1,5170 - 1,5100 [...]