(1,2922) The EUR/DOLL is still confirming further consolidation interior the negative outside day with 1,3010 – 1,2820 still the levels to follow in the coming hours; only a daily closing below 1,2820 will support a break below the neck line of a potential S_H_S formation, still at 1,2775!! The indicators of the daily chart are still well negative while those of the s/t ones are still showing a mixed picture supporting further consolidation/ correction. While below 1,2935 on an hourly closing we expect a retest of the low Asia saw at 1,2883 with a possible extension toward the support line at 1,2840; only an hourly closing below this last level will support direct lower levels!! We stay on the sideline for now waiting for some confirmation.
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