Currency Majors Technical Analysis

European Session EUR/USD - Euro Dollar 1,3947. EUR USD is in a range between 1,3930 and 1,4150. The price is just above 1,3930 support. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,3930 (17 pips). If the support breaks then the target will be 1,3790 (157 pips). Resistances 1,4050