Technical Analysis and Outlook:
The Eurodollar market has been trading under our Mean Res 1.077 and is possibly poised to move higher to the Inner Currency Rally 1.0678. The top Key Res 1.077 is the main show stopper. However, the Inner Currency 1.031 and ultimate Outer Currency Dip 0.9765 is in the making.
The Eurodollar market has been trading under our Mean Res 1.077 and is possibly poised to move higher to the Inner Currency Rally 1.0678. The top Key Res 1.077 is the main show stopper. However, the Inner Currency 1.031 and ultimate Outer Currency Dip 0.9765 is in the making.