(1,3150) The EUR/USD confirmed further consolidation interior the positive outside reversal while waiting today’s payroll!! We have therefore 1,3230 – 1,3015 still the levels to follow in the coming hours. Only a daily closing above 1,3230 will support higher levels toward our s/t target at 1,3351 The indicators of the daily chart are still well positive but still showing potential negative reversals. Those of the s/t charts are still showing a mixed picture also this morning suggesting further consolidation. Only an hourly closing above 1,3220 will resume the move up supporting a possible 1,33 overshooting. A break below 1,3085 will instead postpone further strength causing a retest of the 1,3026, now s/t key level. We remain on the sideline while following the outside day!!
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FUTURE TREND RESEARCH