(1,3377) The EUR/DOLL is still confirming further consolidation interior the range of the inside day with 1,3465 – 1,3310 still the levels to follow in the coming hours. Only a daily closing below 1,3310 will support lower levels; while above we should still be able to see an extension of the move up and last night’s closing should support this! The indicators of the daily chart are still well positive but those of the s/t ones continue to show a mixed picture suggesting further consolidation/ correction. Only an hourly closing below 1,3323, yesterday’s low, will favour a deeper correction. We keep staying on the sideline
Read the full report: EURUSD 08.28
Future Trend
