(1,2855) The EUR/DOLL confirmed a session of consolidation remaining interior the previous session’s range forming a new inside day with 1,2955 – 1,2830 the levels to follow in the coming hours; a daily and weekly closing below 1,2830 will suggest a retest of the 1,2740 area!! The indicators of the daily chart are still well negative as well as those of the s/t ones supporting further weakness. New bullish divergences still support a negative tone! While below 1,2930, yesterday’s top, we expect further direct weakness suggesting a 1,28 undershooting. A move above that resistance will instead favour a retest of the 200 hours line, now found at 1,3000! We expect lower levels and probably at some point even an increase of the downside momentum!!
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