(1,3214) The EUR/DOLL formed on Friday a small positive day reversal but only a daily closing tonight above 1,3246 will confirm a s/t bottom supporting higher levels. The indicators of the daily chart are still well negative but still not yet those of the weekly one. The indicators of the s/t charts are mixed this morning suggesting some consolidation/ correction. Bullish divergences confirm however a negative tone and possible move up are selling opportunities. An hourly closing above 1,3235 will support further s/t strength with the 200 hours line at 1,3322 the attraction. We expect further weakness; we wait for a decent rebound to sell for a drop toward 1,30!!!
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Future Trend Research