EUR/USD - European Session - 21/05/08
->
1,5671. EUR/USD currency pair broke 1,5600 resistance. EUR/USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR/USD. The uptrend should continue on 1,5720 (50 pips) resistance.
Resistances 1,5680 - 1,5720
Supports 1,5610 - 1,5540
Powered by Gregarious (42)
Share This
