Technical Analysis and Outlook:
We have substantial Inner Currency Dip 1.1200 completion (Validated with Trade Selecter System BARC). Hence, as stated on the November 27 chart analysis, a strong bounce transpired to Mean Res 1.1370. Consequently, the Euro is bound in a trading range between these price scales. A healthy run towards Major Key Sup is expected.
We have substantial Inner Currency Dip 1.1200 completion (Validated with Trade Selecter System BARC). Hence, as stated on the November 27 chart analysis, a strong bounce transpired to Mean Res 1.1370. Consequently, the Euro is bound in a trading range between these price scales. A healthy run towards Major Key Sup is expected.
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