Technical Analysis and Outlook:
The Eurodollar market has been bouncing around throughout the week, settling over the 1.06 mark but then falling below the 1.04 threshold at a certain point - closing at 1.049. The Mean Res 1.058 level is an attraction for the price action, while an outstanding Inner Currency Dip 1.031 looms below. Ultimate Outer Currency Dip 0.9765 is in the making.
The Eurodollar market has been bouncing around throughout the week, settling over the 1.06 mark but then falling below the 1.04 threshold at a certain point - closing at 1.049. The Mean Res 1.058 level is an attraction for the price action, while an outstanding Inner Currency Dip 1.031 looms below. Ultimate Outer Currency Dip 0.9765 is in the making.
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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.
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.