EUR/USD Analysis
- Euro vs US Dollar-
(Forex Currency Pair Analysis)

Sentiment :

1.29

1.28

The pair EUR/USD has continued its bearish rally and the breakout of 1.27 gave us a new sell signal.
The pair is still moving along the lower band of its short term bearish channel (black lines).
The opening bearish gap is still not filled in.
All indicators are bearish.
We continue to advise short positons as far as 1.28 is resistance.
The breakout of 1.26 and 1.25 will both give a new sell signal.
In case of return above 1.28, we will wait the breakout of 1.29 to advise long positions.