The EUR/USD has been in a down trend, but is rebounding off of support and could continue higher. The current resistance level is at 1.2750, noted by the yellow line. You can set a price alert here. When the alert hits check The Forex Heatmap® to verify any buy entries. The next resistance area is around 1.2950, so this trade has 200 pips of potential. The overall trend is still down on the largest time frames is still pointing down, so treat any buys like short term trades for now. This pair could continue up for a few days. The trend analysis you see was done with multiple time frame analysis on the (Euro) EUR and US Dollar (USD) pairs.
Forex Trend Analysis EUR/USD 10-8-2014