(1,2888) The EUR/DOLL confirmed a positive closing yesterday after the weak one on Friday that failed however to confirm the break below 1,2830!! The weekly closing was very weak, well below the low of the previous week confirming therefore a top at 1,3243. After a possible correction we expect further weakness suggesting a clear break below 1,2746!! The indicators of the daily chart are still well negative as well as those of the weekly one supporting further weakness. The indicators of the s/t charts are instead positive this morning supporting a correction toward the 200 hours line, now found at 1,2932. We expect still lower levels but in the s/t we may see an extension of the corrective move up that we are waiting for top sell into!!
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