Rabu, 04 Juni 2008

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,5459. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,5350 (100 pips) support.
=> We could take a short position at 1,5460. We will put the stop loss above 1,5500 (-40 pips). The targets are 1,5350 (110 pips) 1,5280 (180 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.


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