(1,3166) The EUR/DOLL confirmed a weak closing after a test with undershooting of the 200 days line at 1,3145. It missed however to confirm a break below 1,3160. Nevertheless we expect further weakness but again only a daily closing below the 200 days line will support the decline. The indicators of the daily chart are still well negative as well as those of the s/t ones supporting further weakness. Further bullish divergences in the s/t charts support a negative tone. In the s/t only a return above 1,3180 confirmed by an hourly closing will support a correction suggesting a 1,32 overshooting with the 200 hours line at 1,3287 the possible attraction. We wait for a decent rebound to sell for a drop toward next target at 1,3108!
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