(1,3348) The EUR/DOLL confirmed a session of consolidation forming a new inside day with 1,3390 – 1,3300 now the levels to follow. The closing was neutral but it failed to confirm Friday’s negative day reversal suggesting further upside potential. The indicators of the daily chart are still well positive but those of the s/t ones keep showing a mixed picture suggesting further consolidation. Only an hourly closing below 1,3310 will postpone further strength favouring a retest of last week’s low and potential neck line of a potential S_H_S formation at 1,3210. We stay on the sideline following the inside day!!
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