Updated the:
09/24/2012
EUR/USD : More than 1000 pips in two months, how many for the correction?

Sentiment :
sentiment sur la parité EUR/CHF
1.30
sentiment sur la parité EUR/CHF
1.2950
sentiment sur la parité EUR/CHF

--- Follow upanalysis ---

The pair EUR/USD is now moving into a short term bearish channel (blue lines in h1). The price continues to find support on 1.2930.

We maintain our last analysis:

"We advise to stay flat on the pair between 1.2950 and 1.30 and to wait an exit of this range to take position:

- Long in case of return above 1.30. The breakout of 1.3050 will give a new buy signal and will open the way towards 1.31
- Short if 1.2950 is broken. The first objective will be set at 1.29. The breakout of this level should allow the price to reach 1.2850.

Traders with a more agressive strategy could trade the pair according to 1.30 (long above and short below).
 
 

Analysis published by Vincent, the 09/24/2012 at 10h15 GMT+2

Full analysis



Chart of the pair EUR/USD - Timeframe 1H
EUR/USD Technical Analysis
 
Chart of the pair EUR/USD - Timeframe 1H
EUR/USD Technical Analysis
 
Chart of the pair EUR/USD - Timeframe 4H
EUR/USD Technical Analysis
 
Chart of the pair EUR/USD - Daily chart
EUR/USD Technical Analysis




 
 
EUR/USD Live Chart - Timeframe : 4h
Chart EUR/USD BID

 

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