(1,3325) The EUR/DOLL formed a negative day reversal on Friday but only a daily closing below 1,3280 will confirm lower levels. We have a potential double top above 1,34 but only a daily closing below 1,3250 will complete the pattern supporting a deeper correction!! The indicators of the daily chart are still well positive as well as those of the weekly one despite the formation of a negative weekly reversal!! The indicators of the s/t charts are below the line at the moment suggesting further consolidation/ correction. While below 1,3335 on an hourly closing we favour a retest of the 1,3280 area with a possible extension toward the key level at 1,3250!! We stay on the sideline!
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