EUR/USD Technical Analysis

(1,3270) The EUR/DOLL confirmed yesterday further consolidation interior the inside day with 1,3315 – 1,2965 still the levels to follow in the coming hours. The closing was positive forming a positive day reversal. The indicators of the daily chart are still well positive as well as those of the s/t ones supporting further upside potential. Bearish divergences still confirm a positive tone in the s/t charts, now even in the 4h one. While above 1,3175 we have therefore to expect further strength !! We stay on the sideline.

Read the full report: EURUSD 06.11

 

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