(1,3387) The EUR/DOLL is at the same level as yesterday morning when we started the week. The closing was however positive forming even a positive day reversal; only a daily closing tonight above 1,3427 will however confirm a s/t bottom!! The indicators of the daily chart are however still well negative as well as those of the 4h one. Only the indicators of the hourly chart managed to climb above the line suggesting further consolidation/ correction. Only an hourly closing above 1,3430 will support higher levels with the 200 hours line at 1,3508 the possible attraction!! A move below 1,3360 will instead resume the decline.
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