EUR/USD Technical Analysis (Euro / US Dollar) - Forex
International Business Times
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February 16, 2013 1:54 AM EST

Forextribe
Updated the:
02/15/2013		 EUR/USD : End of the uptrend ?

Sentiment :
sentiment sur la parité AUD/USD
1,35
sentiment sur la parité AUD/USD
1,34
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair EUR/USD started yesterday a bearish rally and has validated downward breaks of 1.34 and 1.3350, offering new sell signals.
The price made a correctin this night but the bearish movement is again up to date this morning.
The pair is currently back on the central lines of its medium term bearish channel (blue lines on charts).

I advise traders to trade only short positions as far as 1.34 is resistance.
A break of 1.33 and 1.3250 would both offer new sell signals for an extension the downward rally towards 1.32.

In case of return of the price above 1.34 then I would advise traders to wait for a breakout of 1.35 before trading long positions.
Full analysis

Analysis published by Vincent, the 02/15/2013 at 09h30 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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