(1,3215) The EUR/DOLL confirmed another weak closing last night below the negative outside day supporting further weakness toward 1,3120 but the 200 days line at 1,2832 could now also become the attraction. The indicators of the daily chart are still well negative while those of the s/t ones are mixed. Clear bullish divergences in the hourly chart confirm a negative tone suggesting further weakness. Possible rebounds should find resistance at 1,3235 before the 1,3300/10 resistance area while the 200 hours line is found only at 1,3348!! We expect further weakness!.
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Future Trend Research