Technical and Theoretical Analysis for EUR/USD:
The price is on downtrend, and the current price of this pair is:1.2280, which now making a uptrend right now. I think there more chance to go more up with this week or with this month.
Its making a new uptrend and it will hit 1.2340 first, if it can recover it then it will hit 1.2412. On the other hand, if it will start to go down and cross 1.2257 then it will be strong sell position and it will must hit 1.2157
Support: 1.2257, 1.2157 and Resistance:1.2340, 1.2412
My signal: Follow the trend carefully, My soft signal is Buy for a short time and it will go more up then it will be strong buy.