Technical Analysis and Outlook:
In last week's trading session, Eurodollar completed Inner Currency Rally 1.171 and is in Intermediate In-Force Retracement progress, heading to the first Mean Support 1.164 with designated additional targets marked as Mean Support 1.158 and 1.152.
In the upside scenario, there is a probability of a retest of the completed Inner Currency Rally 1.171 within this upcoming week's trading session after successfully attaining the first Mean Support 1.164 downside target.
In last week's trading session, Eurodollar completed Inner Currency Rally 1.171 and is in Intermediate In-Force Retracement progress, heading to the first Mean Support 1.164 with designated additional targets marked as Mean Support 1.158 and 1.152.
In the upside scenario, there is a probability of a retest of the completed Inner Currency Rally 1.171 within this upcoming week's trading session after successfully attaining the first Mean Support 1.164 downside target.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.