(1,3067) The EUR/DOLL formed a negative day reversal but only a daily closing below 1,3052 will confirm a s/t top suggesting a possible resumption of the decline!! The indicators of the daily chart are however still well positive while those of the s/t ones are mixed suggesting further consolidation/ correction. The s/t scenery is however still positive with positive reversal in the hourly chart suggesting further upside potential. A return above 1,31 confirmed by an hourly closing will support a new s/t target at 1,3164. Only an hourly closing below 1,3044 will postpone the move up causing a deeper correction with the 200 hours line at 1,2938 the attraction!! We stay on the sideline!
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Future Trend Research