The EUR/USD is confirming further consolidation interior the inside day with 1,3885 – 1,3595 the levels to follow in the coming hours/ session. A possible break of the resistance will favour a retest of the 200 days line at 1,4106!
The indicators of the daily chart are still positive and also those of the s/t ones are more or less positive or very close to return above the line supporting a possible extension of the move up toward the 200 hours line, now found at 1,3910!! The move up should be corrective and therefore a selling opportunity.
We still remain on the sideline waiting for higher level to go short.
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FUTURE TREND RESEARCH
