The EUR/USD confirmed a test of the 1,3350 support area with even a small undershooting toward the 1,3320 area. Still possible an extension toward 1,3280 where we suspect good bid could limit the downside!!
The indicators of the daily chart are well negative and also those of the s/t ones are below the line supporting further weakness.
In the s/t only an hourly closing above 1,3385 will postpone the decline favouring a decent rebound toward the first resistance at 1,3430 while the 200 hours line is found only at 1,3508!!
We expect further weakness but we suggest avoiding shorts down here. We try a long position in case of a 1,3280 undershooting.
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FUTURE TREND RESEARCH