The EUR/USD confirmed a weak closing below the support of the inside day suggesting further possible weakness. The decline should however find support at the 1,35 area before the 1,3380 one.
The indicators of the daily chart are now negative supporting further weakness and of course also those of the s/t ones are below the line suggesting further weakness. Bullish divergences now even in the 4h chart confirm the negative tone.
In the s/t only an hourly closing above 1,3565 will postpone further weakness favouring a rebound suggesting a retest of the 1,36 area if not even a little higher.
One could try a long position here close to the 1,35 level for a rebound but we prefer waiting for a stronger signal!
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FUTURE TREND RESEARCH