(1,3079) The EUR/DOLL confirmed on Friday a positive closing while confirming further consolidation interior the positive outside day with 1,3150 – 1,3030 still the levels to follow in the coming hours. Only a break of the resistance confirmed by a daily closing will favour an extension of the move up suggesting a 1,32 overshooting!! The indicators of the daily chart are still well positive and since Friday also those of the weekly one turned again above the line. The indicators of the s/t charts are instead starting the week below the line suggesting some consolidation/ correction. Only an hourly closing below 1,3035 will however support lower levels with the 200 hours line at 1,3008 the attraction. In the hourly chart we have also a potential S_H_S formation with the neck line at 1,3030!! We stay on the sideline while still following the outside day!
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