Technical Analysis and Outlook:
After three weeks of chopping and heading to our designated retest, the Euro Dollar found a foothold. Completed Inner Currency Dip and hitting hard the major Key Sup 1.1175. On the upside, the primary targets are Mean Res 1.1340, Mean Res 1.1370, and Outer Currency Rally 1.1410 outcome levels.
After three weeks of chopping and heading to our designated retest, the Euro Dollar found a foothold. Completed Inner Currency Dip and hitting hard the major Key Sup 1.1175. On the upside, the primary targets are Mean Res 1.1340, Mean Res 1.1370, and Outer Currency Rally 1.1410 outcome levels.