EUR/USD Technical Analysis (Euro / US Dollar)

I still advise traders to trade the pair based on the key point at 1.3550:

- Only short positions below 1.3550. Downward breaks of 1.35 and 1.3450 would then offer new sell signals for an extension of the downtrend towards 1.34
The break-down of 1.35 should also validated the breakout of the parallel of its channel.

- Only long positions above 1.3550. Upward breaks of 1.36 and 1.3650 would then offer new buy signals for a return on the next major resistance located at 1.37
Full analysis

Analysis published by Vincent, the 02/07/2013 at 09h30 GMT+2