Technical Analysis and Outlook:
Last week, the Eurodollar showed significant movement after retesting the Mean Support level at 1.138 and subsequently reaching the Mean Resistance level at 1.147. An upward trajectory might be at play here, potentially topping out with the completion of the Inner Currency Rally, designated at 1.149.
The session concluded with a retracement, suggesting a downside movement and indicating a repeat of the retest at Mean Support 1.138, alongside a movement to Key Support at 1.135, as well as a retest of the completed Inner Currency Dip at 1.133.
Last week, the Eurodollar showed significant movement after retesting the Mean Support level at 1.138 and subsequently reaching the Mean Resistance level at 1.147. An upward trajectory might be at play here, potentially topping out with the completion of the Inner Currency Rally, designated at 1.149.
The session concluded with a retracement, suggesting a downside movement and indicating a repeat of the retest at Mean Support 1.138, alongside a movement to Key Support at 1.135, as well as a retest of the completed Inner Currency Dip at 1.133.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.