EUR/USD Technical Analysis comments :
The pair EUR/USD just validated the breakout of the resistance at 1.45, giving us a new buy signal.
All indicators are bullish.
We maintain to trade only long positions as far as 1.44 is support.
The breakout of 1.46 will give a new buy signal and open the way towards 1.45.
However, if 1.45 is broken, we will wait the breakout of 1.43 to trade short positions.
This post has been edited by fxdamus: Jul 4 2011, 11:27 AM