(1,3000) The EUR/DOLL confirmed on Friday a weak closing in the daily chart as well as in the weekly one, all below the low of the previous session/ week! We have to expect further weakness toward 1,28. The indicators of the daily chart are still well negative and since Friday also those of the weekly one are below the line supporting further weakness. The indicators of the s/t charts are also below the line this morning suggesting further direct weakness. Only an hourly closing above 1,3045 will postpone the decline favouring a return toward the 200 hours line, now found at 1,3143. We are waiting for a decent rebound to sell!
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Future Trend Research