Technical Analysis and Outlook:
In this week’s trading session, the Euro market experienced an upside breakout, reaching the Interim Inner Currency Rally target at 1.178, having crossed the Mean Resistance level at 1.175. With this completion, current market conditions demonstrate a downward trend, with the primary objective being the Mean Support level at 1.163.
On the upside, we anticipate a healthy dead-cat rebound from the Mean Support at 1.163, aiming for the price zone around 1.169. It’s important to note that some intermediate upward momentum may occur within this downward trend before prices realign with the expected trajectory.
In this week’s trading session, the Euro market experienced an upside breakout, reaching the Interim Inner Currency Rally target at 1.178, having crossed the Mean Resistance level at 1.175. With this completion, current market conditions demonstrate a downward trend, with the primary objective being the Mean Support level at 1.163.
On the upside, we anticipate a healthy dead-cat rebound from the Mean Support at 1.163, aiming for the price zone around 1.169. It’s important to note that some intermediate upward momentum may occur within this downward trend before prices realign with the expected trajectory.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.