(1,3060) The EUR/DOLL confirmed a strong closing above the resistance of the inside day at 1,3075. The closing was again above the 200 days line. If this will be confirmed today by another strong closing we may see a retest of the 1,3200/50 area!! Only a daily closing above 1,3250 will support higher levels!! The indicators of the daily chart are still in positive territory and this morning also those of the s/t ones are above the line supporting further strength. On top of that bearish divergences have been formed on the way up confirming a positive tone. Possible return toward the 200 hours line, now found at 1,2957 should be buying opportunity for a retest of the 1,32 area. To be honest we are surprised by this move up but for the moment we keep believing in a lower EUR/DOLL but only while below 1,3250!!
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