EUR/USD - Euro Dollar Short term (Intraday) EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. MACD is in a bullish configuration. The uptrend should continue on 1,2900 resistance. We could take a long position at 1,2670. We will put the stop loss below 1,2650 (-20 pips). The major target is 1,2900 (+230 pips). Resistances : 1,2690 - 1,2929 Supports : 1,2670 - 1,2650 - 1,2600 Chart :
EUR/USD - Euro Dollar Short term (Intraday) EUR USD is in an uptrend supported by 15 min exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. There is a negative divergence between price and oscillators on the 1H chart. The price should continue to consolidate. The price should find a support above 1,2850 / 1,2710. We could take a long position at
1,2710. We will put the stop loss below 1,2690 (-20 pips). The major target is 1,2900 (+190 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 1,2840 - 1,2929 Supports : 1,2775 - 1,2750 - 1,2710 - 1,2690 Chart :EUR/USD - Euro Dollar Short term (Intraday) EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to consolidate. The price should find a support above 1,2710/30. We could take a long position at
1,2710. We will put the stop loss below 1,2690 (-20 pips). The targets are 1,2840 (+130 pips) 1,2900 (+190 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 1,2775 - 1,2840 - 1,2929 Supports : 1,2730 - 1,2710 - 1,2690 Chart :Have something to add? Share your thoughts — no account required.
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