(1,3108) The EUR/USD confirmed further consolidation interior the positive outside day reversal with 1,3230 – 1,3015 still the levels to follow in the coming hours. Only a daily closing above 1,3230 will support higher levels toward our s/t target at 1,3351. The closing was mixed yesterday but off the low. The indicators of the daily chart are still well positive but still showing potential negative reversals. Those of the s/t charts are instead mixed supporting further consolidation. Only an hourly closing above 1,3145 will support higher levels suggesting a retest of the 1,3220 area. We remain on the sideline while following the outside day!!
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FUTURE TREND RESEARCH