(1,2850) The EUR/DOLL confirmed a session of consolidation remaining interior the negative outside day with 1,3060 – 1,2820 still the levels to follow in the coming hours. Only a daily closing below 1,2820 will support further weakness suggesting a drop toward 1,25! The closing was again below the 200 days line but for the moment the pair is holding interior the channel!! The indicators of the daily chart are still well negative with bullish divergences confirming a negative tone; however the RSI is above the 40% level suggesting a possible risk of a decent rebound before moving lower! The indicators of the s/t charts are mixed this morning but bullish divergences still confirm a negative tone suggesting lower levels!! Possible rebounds should still find resistance at 1,2890 before the 200 hours line, today at 1,2929!! We wait for further confirmations but overall expect lower levels!!
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