EUR/USD - Euro Dollar

Short term (Intraday)

1,3420. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The price is just bellow 1,3450 resistance. The volatility decreases. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should continue to consolidate. The price should find a support above 1,3380 (-60 pips). We won't take a position. The risk/reward ratio is too high to take a position..