Updated the:
06/22/2012
EUR/USD Technical Analysis comments :
Sentiment :
sentiment
1.26
sentiment
1.25
sentiment
The pair EUR/USD felt yesterday after a double test of 1.27 (1.2750 in extension).
The pair has validated the breakout of its bullish slant (brown line) and is still moving below the paralell of its long term bearish channel (pink line).
Indicators are mitigated.
We are neutral between 1.25 and 1.26.
We advise to wait an exit of this range to take position:
- Long above 1.26. The breakout of 1.27 will give a new buy signal
- Short below 1.25. The breakout of 1.24 will give a new sell signal.
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