EUR/USD - Euro Dollar Nov 4

Nov 04, 2004 2 Replies

EUR/USD - Euro Dollar Short term (Intraday) EUR USD broke 1,2850 resistance. EUR USD is in an uptrend supported by



15min exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. RSI is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a support above
1,2860. We could take a long position at 1,2860. We will put the stop loss below 1,2840 (-20 pips). The targets are 1,2930 (+70 pips) 1,3000 (+140 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 1,2830 - 1,2850 - 1,2930 Supports : 1,2815 - 1,2800 - 1,2780 Chart :
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