(1,3070) The EUR/DOLL confirmed a very weak closing after an important overshooting of the previous high at 1,32. The move yesterday was important but should be further confirmed by another weak closing tonight!! The indicators of the daily chart are however still positive but those of the s/t ones turned below the line supporting further consolidation/ correction. We expect a test of the 200 hours line at 1,2991 and only an hourly closing below this line will open the way for further weakness suggesting even a possible resumption of the decline. The drop found support at a s/t support line, now at 1,3055 but failed yet to confirm any impressive rebound. Before moving lower we may see a 1,31 overshooting but not sure about this possible move up. We wait for further confirmations!!
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