PDA

View Full Version : EUR/USD - Euro Dollar, European Session - 20/04/09



EMF
20 Apr 09, 05:13
1,3016. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a resistance below 1,3025 (9 pips). The downtrend should continue to gather momentum. Resistances1,3025 - 1,3050Supports1,2970 - 1,2910

http://www.mataf.net/images/_forex/eurusd-010440.png


More... (http://www.mataf.net/en/forex/eurusd#20042009050351)