The EUR/USD confirmed a weak closing below the 1,3480 level supporting lower levels toward 1,3370 if not even directly lower for a retest of the October low at 1,3146.
The indicators of the daily chart are well negative but those of the s/t ones are already or very close to turn above the line supporting for the coming hours a decent rebound.
Only an hourly closing above 1,3560 will however support a more sensible correction with the 200 hours line at 1,3647 the possible attraction. A move above 1,3560 will also confirm a double bottom in the hourly chart supporting the move up!!
We are still missing strong signals but for now we suggest waiting for a decent rebound to go short!!
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FUTURE TREND RESEARCH