EUR/USD : A medium term bullish slant still active
--- Follow up analysis ---
The pair EUR/USD found support this night on 1.29 and is currently testing a return above 1.2950. The price is still moving above its medium term bullish slant (brown line).
We maintain to trade the pair outside the range 1.29/1.2950:
- Only long positions above 1.2950. The breakout of 1.30 will give a new buy signal
- Only short positions below 1.29. The breakout of 1.2850 will give a new sell signal.
Analysis published by Vincent, the 10/15/2012 at 10h00 GMT+2
Chart of the pair EUR/USD - Timeframe 1H
Chart of the pair EUR/USD - Timeframe 4H
|EUR/USD Live Chart - Timeframe : 4h|