Technical Analysis and Outlook:
This week, the currency has completed our anticipated target of Outer Currency Rally 1.110 - And with the retreat stayed under Key Res 1.105. The possible retest of the Outer Currency Rally 1.110 might push the currency to a potential Major Key Res 1.116. On the downside, the expected targets are Mean Sup 1.097 and long expected Mean Sup 1.080.
This week, the currency has completed our anticipated target of Outer Currency Rally 1.110 - And with the retreat stayed under Key Res 1.105. The possible retest of the Outer Currency Rally 1.110 might push the currency to a potential Major Key Res 1.116. On the downside, the expected targets are Mean Sup 1.097 and long expected Mean Sup 1.080.