Updated the:
06/19/2012
EUR/USD Technical Analysis comments :
Sentiment :
sentiment
1.2650
sentiment
1.26
sentiment
The pair EUR/USD felt yesterday during all the day and the opening bullish gap has been filled in.
The pair pair just found support on 1.26 and is now moving towards the paralell of its long term bearish channel (pink line).
Indicators are mitigated.
We are neutral between 1.26 and 1.2650.
We advise to wait an exit of this range to take position:
- Long above 1.2650. The breakout of 1.27 will give a new buy signal and open the way towards 1.28.
- Short below 1.26. The breakout of 1.2550 will give a new sell signal and open the way towards 1.25.
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