EUR/USD Technical Analysis

(1,3065) The EUR/DOLL confirmed a session of consolidation remaining interior the range of the previous session. We have a new inside day with 1,3210 – 1,2990 the levels to follow in the coming hours. A daily closing below 1,2990 will support a retest of the 200 days line at 1,2925!!  The indicators of the daily chart are still well positive but already showing potential negative reversals. The indicators of the s/t charts are instead mixed suggesting further consolidation. While below the 200 hours line, now s/t resistance at 1,3084 or below yesterday’s top at 1,3097, we expect further weakness for the EUR/DOLL suggesting a break below 1,30.

Click here to read the full report: EURUSD 04.19

 

Future Trend Research