The EUR/USD confirmed a weaker closing while consolidating more or less interior the previous session’s range.
The indicators of the daily chart are still well negative but those of the s/t ones are again above the line this morning suggesting some upside potential. Only a break above 1,3545 confirmed by an hourly closing will support higher levels with the 200 hours line at 1,3612 the attraction!!
A break below 1,3420 will instead extend the decline toward 1,33 with a potential target at 1,3269!!
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