EUR/USD Technical Analysis

(1,2960) The EUR/DOLL found good resistance below 1,30. An hourly closing below 1,2955 suggests a s/t target at 1,2892 with a potential undershooting even toward 1,2850, target of the S_H_S foprmation it completed last Friday on the break below 1,3080!! An hourly closing above 1,3000 will postpone the decline suggesting a rally toward the 200 hours line, still found at 1,3089!!

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