EUR/USD Technical Analysis (Euro / US Dollar) - Forex
International Business Times
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By Roger Baettig | February 27, 2013 12:20 AM EST

Forextribe
Updated the:
02/26/2013		 EUR/USD : End of the uptrend ?

Sentiment :
sentiment sur la parité AUD/USD
1,32
sentiment sur la parité AUD/USD
1,3150
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair EUR/USD stumbled yesterday on 1.33 and has started a powerful rally bearish. The price is currently sailing below the center line of its medium term bearish channel (blue line on charts). The pair deviates from its descending triangle (orange lines).

I advise traders to trade only short positions as far as 1.3150 is resistance.
A stay below 1.31 will reinforce this bearish sentiment.
A break of 1.3050 would give a new sell signal for an extension of bearish rally towards 1.30 and 1.29.

In case of return above 1.3150, we will wait a return above 1.32 to advise long positions.
Full analysis

Analysis published by Vincent, the 02/26/2013 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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