EUR/USD - Euro Dollar Nov30

Nov 30, 2004 0 Replies

EUR/USD - Euro Dollar Short term (Intraday)



1,3265. EUR USD is in a triangle pattern. 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 flat. Oscillators are neutral. The uptrend should continue to gather momentum. The price should find a support above 1,3240. We could take a long position at 1,3250. We will put the stop loss below 1,3220 (-30 pips). The major target is 1,3450 (+200 pips). Resistances : 1,3280 - 1,3300 - 1,3330 Supports : 1,3240 - 1,3190 Chart :
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