(1,3160) The EUR/DOLL confirmed a strong closing but not strong enough to confirm the break above the 100 days line at 1,3156 and above the resistance of the inside day at 1,3170!! The indicators of the daily chart are still positive as well as those of the s/t ones suggesting further upside potential. in the hourly chart we have however a potential negative reversal situation suggesting a target at 1,3024 a level below the recent low!! A return below 1,3150 on an hourly closing could already confirm a H_S formation supporting a return toward the 200 hours line, now found at 1,3118! The EUR/DOLL could also be on the way to formed a S_H_S formation with the neck line at 1,3075!! Only a break above 1,3245 will postpone further weakness suggesting a rally above 1,33!! We wait for further and more clear signals!!
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