(1,3274) The EUR/USD confirmed a strong closing last night above the resistance of the positive outside day at 1,3230 supporting further strength. Possible an overshooting toward the 1,3450 area!! The indicators of the daily chart are still well positive supporting further strength. Those of the s/t ones are also positive but showing overbought conditions. Bearish divergences even in the 4h chart confirm however a positive tone supporting further upside potential. We wait for further strength to sell but for now only above the 1,3350 level!!
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FUTURE TREND RESEARCH