By SFO | January 31, 2008

EUR/USD - Euro Dollar, American Session - 31/01/08

1,4891. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4900. If the resistance is broken then the target will be 1,5000 (110 pips).

Resistances
1,4900- […]
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