(1,3150) The EUR/DOLL confirmed a small rebound while however remaining still interior the negative outside day with 1,3330 -1,3035 still the levels to follow in the coming hours. Only a daily closing below 1,3035 will confirm a direct extension of the decline toward the 1,28 area where we find the 200 days line!! The indicators of the daily chart are however still well negative but those of the s/t ones turned above the line suggesting further s/t strength. Possible therefore an extension of the move up toward the 200 hours line, now found at 1,3228 with even a possible overshooting toward the resistance line at 1,33. We suggest waiting for this extension to sell for a 1,30 undershooting!!
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Future Trend Research