Technical Analysis and Outlook:
The price action of the Eurodollar remained downwards as projected by Trade Selecter by completing our major target Outer Currency Dip 1.087. However, a strong rebound is possible with Mean Res 1.101 as a target. On the downside, price action might take us to the Next Outer Currency Dip of 1.070.
The price action of the Eurodollar remained downwards as projected by Trade Selecter by completing our major target Outer Currency Dip 1.087. However, a strong rebound is possible with Mean Res 1.101 as a target. On the downside, price action might take us to the Next Outer Currency Dip of 1.070.