(1,3360) The EUR/DOLL is still well bid extending further its move up. Possible at this point a 1,34 overshooting even if we don’t see any reason to buy it!! The indicators of the daily chart are still well positive but also still overbought while showing potential negative reversals; of course this is true if we consider the EUR/DOLL in a bearish scenery!! The indicators of the s/t charts are also positive with bearish divergences still confirming a positive tone!!! Considering the selling pressure in the EUR/YEN side, the EUR/DOLL is holding really very well…but for how long?
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