(1,3385) The EUR/DOLL is still confirming further consolidation interior the range of the inside day with 1,3465 – 1,3310 still the levels to follow in the coming hours. Only a daily closing below 1,3310 we support lower levels; while above we should still be able to see an extension of the move up! Friday’s weekly closing was just below the 200 weeks line! The indicators of the daily chart are still well positive as well as those of the s/t ones supporting further strength. The indicators of the s/t charts are also again above the line this morning suggesting higher levels. We have however mixed signals with even a potential negative reversal situation, however not strong enough to suggest a position. We keep staying on the sideline
Read the full report: EURUSD 08.26
Future Trend