|EUR/USD Technical Analysis comments :|
|The pair EUR/USD made yesterday a double bottom on 1.2450 as support and is now back above 1.25.|
The pair is still moving below the paralell of its long term bearish channel (pink line).
Indicators are globaly bearish.
We continue to advise short positions as far as 1.2550 is resistance.
The breakout of 1.2450 will give a new sell signal and open the way towards 1.24.
In case of return above 1.2550, we will wait the breakout of 1.26 to advise long 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