(1,3210) The EUR/DOLL is on The way to form a positive year reversal not confirming therefore the negative one it formed last year. The monthly closing will be strong, well above the top of the previous one; however only a monthly closing above 1,3172 will support higher levels!! The indicators of the daily and weekly charts are still well positive but not yet those of the monthly one that are however very close to turn above the line. The EUR/DOLL turned on Friday below the 200 hours line, now resistance at 1,3217 and while below this line on an hourly closing we favour lower levels for this pair. Only an hourly closing below 1,3160 will however confirm lower levels. We try still staying short for the moment.
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