(1,3097) The EUR/DOLL confirmed further consolidation interior the inside day with 1,3170 – 1,3020 still the levels to follow in the coming hours. Only a daily closing below 1,3020 will support lower levels, scenery that we still favour!! The pair is consolidating interior a symmetrical triangle that should give way on the downside with a break below 1,3070 confirmed by an hourly closing!! The indicators of the daily chart are however still positive while those of the s/t ones are mixed supporting further consolidation. While below the 200 hours line, this morning at 1,3104, on an hourly closing we favour further weakness and a possible break below 1,3020!! Only a move above 1,3160 will postpone further weakness!! We wait for further and more clear signals!!
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Future Trend