Updated the:
05/08/2012
EUR/USD Technical Analysis comments :

Sentiment :
sentiment
1.3150
sentiment
1.31
sentiment
The pair EUR/USD found support yesterday on the lower band of its bearish channel (purple lines).
Then, the pair has faked a return above 1.3050 and is currently falling towards 1.30.
All indicators are still bearish.
We continue to advise short positons as far as 1.31 is resistance.
The breakout of 1.30 and 1.2950 will both give a new sell signal.
In case of return above 1.31, we will wait the breakout of 1.3150 to advise long positions.
Complete sheet of the pair EUR/USD - Previous EUR/USD Analysis
Chart of the pair EUR/USD - Timeframe 4H - Zoom in :
EUR/USD
 
Chart of the pair EUR/USD - Timeframe 4H - Zoom out:
EUR/USD
EUR/USD Live Chart - Timeframe : 4h
Chart