(1,3250) The EUR/DOLL confirmed a strong move up and a strong closing even above the previous top at 1,3243 suggesting further upside potential. this move up is still corrective and should find good resistance above the 1,33 level. The indicators of the daily chart are still well positive but now close to the overbought area still showing potential negative reversals. The indicators of the s/t charts are also well positive but also well overbought. Bearish divergences confirm a positive tone. Possible therefore further strength suggesting a move up toward 1,330. We suggest selling this extension for a return below 1,30!!
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