The EUR/USD confirmed a positive closing but not a strong one while the weekly closing was instead negative.
The indicators of the daily chart are still well negative and also those of the weekly one are below the line keeping the EUR/DOLL under pressure. The indicators of the s/t charts are mixed this morning. Only an hourly closing below 1,3500 will resume some pressure suggesting a test of the support line at 1,3470.
While above 1,3470 we expect another test on the upside with the 200 hours line at 1,3577 the possible attraction. Only a break above 1,3615 will instead support a larger correction.
We remain still on the sideline waiting for stronger signals.
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FUTURE TREND RESEARCH