(1,3172) The EUR/DOLL formed on Friday a positive day reversal after the confirmation of the first s/t target, managing a closing again above the 200 days line, now s/t support at 1,3148. Only a daily closing tonight above 1,3190 will however support the formation of the s/t bottom. The weekly closing was negative however above 1,3173!! The indicators of the daily chart are still well negative but those of the weekly one are still above the line for now. The indicators of the s/t charts are in positive territory this morning supporting a possible extension of the correction. An hourly closing above 1,3190 will suggest a rally toward the 200 hours line, now found at 1,3207 with even a possible overshooting!! We suggest waiting for higher levels to sell
Read the full report: EURUSD 09.09
Future Trend
