(1,3291) The EUR/DOLL confirmed a weak closing last night below the low of the previous session. A possible closing tonight below 1,3264 will be negative suggesting the EUR has already a s/t top suggesting a return toward the 1,30 area!! The indicators of the daily chart are however still well positive but those of the s/t ones turned below the line supporting further consolidation/ correction. In the hourly chart we have however also potential positive reversal but we believe there is more room on the downside with the 200 hours line at 1,3190 the possible attraction. We suggest waiting for lower levels before trying a long position!
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Future Trend Research