(1,3115) The EUR/DOLL yesterday further consolidation interior the inside day with 1,3105 – 1,2980 still the levels to follow in the coming hours. A daily closing above 1,3105 and at the moment we are already above this level will favour an extension of the move up suggesting a retest of the 1,32 area. A monthly closing at the present level will be positive forming even a positive outside month!! The indicators of the daily chart are still positive but those of the monthly one remain below the line. The indicators of the s/t charts are also still positive at the moment, supporting further possible strength. However we expect the move up to be still corrective. While above 1,3075 on an hourly closing we favour a little higher levels. We wait for this extension to eventually sell some EUR/DOLL!!
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