(1,3384) The EUR/DOLL confirmed again a very weak closing on Friday even in the weekly chart suggesting further downside risk toward 1,3250!! The indicators of the daily chart are still well negative but those of the weekly one are still well above the line however showing potential negative reversals. The indicators of the s/t charts are mixed this morning suggesting some consolidation/ correction. The drop formed bullish divergences confirming a negative tone and suggesting that possible rebounds are selling opportunities for a drop toward 1,3250!! We suggest waiting for a decent rebound toward the 200 hours line, now found at 1,3527, to sell!
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Future Trend Research