EUR/USD Technical Analysis (Euro / US Dollar) - Forex
International Business Times
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February 23, 2013 1:50 AM EST

Forextribe
Updated the:
02/22/2013		 EUR/USD : End of the uptrend ?

Sentiment :
sentiment sur la parité AUD/USD
1,33
sentiment sur la parité AUD/USD
1,33
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair EUR/USD faked yesterday a downward break of 1.32.
The price has found support twice on the center line of the medium term bearish channel (blue lines). The price is trying this morning to correct its last bearish rally and is currently moving towards the upper band of its channel.

I advise traders to trade only short positions as far as 1.33 is resistance.
A stay below 1.3250 will reinforce this bearish sentiment.
A break of 1.32 would give a new sell signal for an extension of bearish rally towards 1.3150 or lower if this level is also broken.

In case of return above 1.33, a buy signal will be given. Traders could then trade only long positions.
Full analysis

Analysis published by Vincent, the 02/22/2013 at 10h00 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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