Updated the:
10/25/2012
EUR/USD : the return below 1.30 changes everything

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

--- Follow up analysis ---

The pair EUR/USD has faked yesterday a breakout of the support at 1.2950 and is trying this morning to get back above 1.30. The price is still moving below a medium term bullish slant (blue line), and also below its short term bullish slant (brown line).

We advise to trade the pair according to the key level at 1.30:
- Only short positions below 1.30. The breakout of 1.2950 will give a new sell signal and should open the way towards 1.29
- Only long positions above 1.30. The first objective is set at 1.3050 and the breakout of this level will open the way towards 1.31.
 
 

Analysis published by Vincent, the 10/25/2012 at 10h30 GMT+2

Full 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




 
 



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

 

For more reports, go to Forextribe