Short if 107 holds and price action remains in the channel. Price likely to move back to the first support level.
However, a break through the channel could see upside to 107.37.
The dollar and S&P seen a bounce after sharp declines, but this is likely to be short lived.
Outlook til the end of the week.
However, a break through the channel could see upside to 107.37.
The dollar and S&P seen a bounce after sharp declines, but this is likely to be short lived.
Outlook til the end of the week.
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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.