(1,3625) The EUR/DOLL confirmed another strong closing even above 1,3610 but not above the resistance of the positive outside day at 1,3620. Nevertheless further upside potential can be expected toward the 1,3711 key level, February’s top!! We have still an open gap up in Europe of about 80 pips. The indicators of the daily chart are still well positive while those of the s/t ones are at the moment showing a mixed picture. The extension above 1,3600 failed to form further divergences. The scenery is positive for sure but we still believe in a firm and sensible correction!! We prefer remaining short.
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