Updated the:
06/21/2012
EUR/USD Technical Analysis comments :
Sentiment :
sentiment
1.26
sentiment
1.2550
sentiment
The pair EUR/USD is back on the resistance at 1.27 and also on the paralell of its long term bearish channel (pink line).
Indicators are globaly bullish.
We continue to advise long positions as far as 1.26 is support.
The breakout of 1.27 will give a new buy signal and will open the way towards 1.28.
In case of return below 1.26, we will wait the breakout of 1.2550 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 :

EUR/USD

Chart of the pair EUR/USD - Timeframe 4H - Zoom out:

EUR/USD

EUR/USD Live Chart - Timeframe : 4h

Chart