EUR/USD - European Session - 19/05/08
1,5565. EUR USD is in a consolidation after the last bullish movement. EUR USD moves without trend and swings around exponential moving. The consolidation should continue. The price should find a support above 1,5550. The risk/reward ratio is too high to take a position.
GBP/USD - European Session - 19/05/08
1,9561. GBP USD broke 1,9500 resistance. GBP USD is in a consolidation after the last bullish movement. The consolidation should continue. The price should continue to move in 1,9500 / 1,9630 range. The risk/reward ratio is too high to take a position.