EUR/USD Technical Analysis (Euro / US Dollar) - Forex
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EUR/USD Technical Analysis (Euro / US Dollar)

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February 15, 2013 1:14 AM EST

Forextribe
Updated the:
02/14/2013		 EUR/USD : End of the uptrend ?

Sentiment :
sentiment sur la parité AUD/USD
1,35
sentiment sur la parité AUD/USD
1,3450
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair EUR/USD faked yesterday a break-up of 1.35. The price has immediately felt on 1.3450 (stabilization level). This morning the pair started a bearish rally and has validated its return below 1.3450 (sell signal). The price is currently testing a break of 1.34 and confirms its return into its bearish channel (blue lines).

I advise traders to trade only short positions as far as 1.3450 is resistance.
A break of 1.34 and 1.3350 would both offer new sell signals for an extension the downward rally towards 1.33.

In case of return of the price above 1.3450 then I would advise traders to wait for a breakout of 1.35 before trading long positions.
Full analysis

Analysis published by Vincent, the 02/14/2013 at 09h00 GMT+2
- Complete sheet of the pair EUR/USD - Previous EUR/USD 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
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