Technical Analysis and Outlook
The Euro Dollar finished higher on Friday session as it consolidates much of the declines in between Mean Resistance 1.1606 and Key Support 1.1344 threshold. The latest move establishes the signaling from slightly bullish to a bearish sentiment which is likely to occur in near term, while the 'VERY MAJOR' Yearly Low and significant Currency Dip are resting below.
The Euro Dollar finished higher on Friday session as it consolidates much of the declines in between Mean Resistance 1.1606 and Key Support 1.1344 threshold. The latest move establishes the signaling from slightly bullish to a bearish sentiment which is likely to occur in near term, while the 'VERY MAJOR' Yearly Low and significant Currency Dip are resting below.