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FX : Currency Majors Technical Analysis
 
European Session
EUR/USD - Euro Dollar
1,4246. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4265 (19 pips). The downtrend should continue on 1,4120 support (126 pips).

Resistances

1,4265 - 1,4360

Supports

1,4205 - 1,4180
Source