|EUR/USD Technical Analysis comments :|
|The pair EUR/USD just opened the week on a bullish gap, allowing the price to validate a return above 1.26.|
All indicators are bullish.
The pair is still moving above its short term bearish slant (brown line) and a paralell of its bearish channel (pink line).
We continue to advise long positions as far as 1.2550 is support.
The breakouts of 1.2650/1.27 will both give a new buy signal.
In case of return below 1.2550, we will wait the breakout of 1.25 to advise short positions.
|Complete sheet of the pair EUR/USD - Previous EUR/USD Analysis|
Chart of the pair EUR/USD - Timeframe 4H - Zoom in :
Chart of the pair EUR/USD - Timeframe 4H - Zoom out:
EUR/USD Live Chart - Timeframe : 4h