EUR/USD - Euro Dollar Nov 02

EUR/USD - Euro Dollar Short term (Intraday) EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,2700 / 1,2850 range. We could take a long position at 1,2700. We will put the stop loss below 1,2680 (-20 pips). The targets are 1,2770 (+70 pips) 1,2830 (+130 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 1,2730 - 1,2770 - 1,2830/50 Supports : 1,2700 - 1,2680 Chart :

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Arnaud
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