(1,3195) The EUR/DOLL confirmed on Friday a negative closing but also a session of consolidation forming a new inside day with 1,3315 – 1,3965 the levels to follow in the coming hours. The weekly closing was strong, however below 1,3243!! The indicators of the daily chart are still well positive as well as those of the weekly one supporting further strength. The indicators of the s/t charts are however negative this morning supporting further consolidation/ correction. Possible therefore a test of the support line at 1,3175 with even a possible extension toward the 200 hours line, now found at 1,3075. The decline should be corrective, based on the s/t charts!!! We stay on the sideline.
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