(1,3322) The EUR/DOLL confirmed on Friday a negative closing while however consolidating interior the previous day’s range forming a new inside day with 1,3405 – 1,3265 the levels to follow in the coming hours. Still possible further upside potential toward the 1,3450 area where we find however an important resistance line as well as the 200 weeks line!! The indicators of the daily chart are still well positive but also still overbought while showing potential negative reversals! The indicators of the s/t charts are instead below the line this morning suggesting some consolidation/ correction. We expect a test lower with the 200 hours line at 1,3255 now the attraction!! We stay short and confident even ready to increase the position.
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