Updated the:
06/18/2012
EUR/USD Technical Analysis comments :
Sentiment :
sentiment
1.26
sentiment
1.26
sentiment
The pair EUR/USD has opened the week on a bullish gap above 1.27.
In extension, the pair reached 1.2750 but is currently falling below 1.27.
The pair also found resistance on the paralell of its long term bearish channel (pink line).
All indiactors are bullish.
We continue to advise only long positions as far as 1.26 is support.
The breakout of 1.2750 will give a new buy signal and will open the way towards 1.28.
In case of return below 1.26, a sell signal will be given.
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