(1,2971) The EUR/DOLL confirmed another weak closing on Friday even below the 200 days line, now s/t resistance at 1,2995. While below this line on a daily closing we expect further direct weakness toward 1,2745, now the key level!! The weekly closing was also weak!! The indicators of the daily chart are in negative territory as well as those of the weekly one supporting lower levels. The indicators of the s/t charts are also negative with bullish divergences confirming the negative tone. The drop below 1,2955 was already confirmed by an hourly closing but not yet by a daily one; if the EUR/DOLL should also confirm a daily closing below 1,2950 the target will be 1,2750!! We wait for a decent rebound to sell!!
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