Currency Majors Technical Analysis |
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European Session EUR/USD - Euro Dollar 1,5636. EUR USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum. The price should find a support above 1,5600. We won't take a position. The risk/reward ratio is too high to take a
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