EUR/USD Technical Analysis
(Euro / US Dollar)

eurusd
eurusd


Updated the:
07/28/2014
EUR/USD : Strong bearih rallye after a new high in 2014, what to do now ?

Sentiment :
sentiment sur la parité AUD/USD
1,3460
sentiment sur la parité AUD/USD
1,3460
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair EUR/USD stumbled this morning on the upper limit of its short-term  bearish channel (blue segments on the 1H).
Then, the price has continued its bearish movement and has recorded new lows in 2014.

I would advise traders to trade only short positions (sell) as far as the price is below 1.3460.
A break of 1.3421 will offer a new sell signal for an extension of the bearish rally to new 2014 lows towards 1.34.

In case of return above 1.3460, a buy signal will be given for a correction of the last bearish rally (short term bearish channel output). Long positions will be then advised.
Full analysis

Analysis published by Vincent, the 07/28/2014 at 09h05 GMT+2


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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