Technical Analysis and Outlook:
During the last trading session, the Euro demonstrated a notable increase, retesting the Mean Resistance level of 1.169. Recent analyses suggest that the primary targets for the Euro are the Mean Resistance level of 1.177 and the Key Resistance level of 1.181, in addition to the Outer Currency Rally target of 1.187. Such movements may precipitate a considerable pullback before the upward trajectory resumes.
During the last trading session, the Euro demonstrated a notable increase, retesting the Mean Resistance level of 1.169. Recent analyses suggest that the primary targets for the Euro are the Mean Resistance level of 1.177 and the Key Resistance level of 1.181, in addition to the Outer Currency Rally target of 1.187. Such movements may precipitate a considerable pullback before the upward trajectory resumes.
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.
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.