Technical Analysis and Outlook:
The Eurodollar got clobbered during the week, mainly on Thursday and Friday trading sessions, as shown on our Daily Chart Analysis For June 3, with the Meen Res 1.077 being the main culprit with the 1.046, 1.038 support level will come into focus in the upcoming trading sessions: Our Inner Currency Dip 1.031 is the ultimate intermediate outcome. Short-term rallies will be in order.
The Eurodollar got clobbered during the week, mainly on Thursday and Friday trading sessions, as shown on our Daily Chart Analysis For June 3, with the Meen Res 1.077 being the main culprit with the 1.046, 1.038 support level will come into focus in the upcoming trading sessions: Our Inner Currency Dip 1.031 is the ultimate intermediate outcome. Short-term rallies will be in order.