(1,2875) The EUR/DOLL formed a negative outside day reversal after a test of the 1,3050 level where it fund good resistance for now. We have 1,3060 – 1,2820 the levels to follow in the coming hours. A daily closing below 1,2820 will support further weakness suggesting a drop toward 1,25! The indicators of the daily chart are still well negative after the closing below the 200 days line, now resistance at 1,2882, while those of the s/t ones are as well below the line supporting further pressure. Possible rebounds should find resistance already at 1,2890 before the 200 hours line at 1,2945!! We wait for further confirmations but overall expect lower levels!!
Click here to read the full report: EURUSD 03.26
Future Trend Research