(1,3031) The EUR/DOLL confirmed a very weak closing well below the low of the previous strong session. Only a daily closing below 1,3010 if not even below the 200 days line at 1,2992 will confirm lower levels suggesting a drop toward 1,25!! The indicators of the daily chart are now turning below the line and also those of the s/t ones are in negative territory supporting lower levels. The decline confirmed also the suggested S_H_S formation with the neck line now at 1,3080, strong resistance!!!! The potential target is 1,2849!! We expect the EUR/DOLL to start an important decline!!
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Future Trend