(1,3350) The EUR/DOLL confirmed another strong closing remaining well bid and suggesting further upside potential toward the 1,3450 area where we find an important resistance line. This possible extension should complete the correction. We believe the EUR/DOLL is far too high!!! The indicators of the daily chart are still well positive but also still overbought while showing potential negative reversals! The indicators of the s/t charts are showing a mixed picture suggesting further consolidation. However, while above 1,3330 we believe the EUR/DOLL will remain bid suggesting an extension above 1,34!! We stay short and confident even ready to increase the position
Read the full report: EURUSD 06.14
Future Trend
