Technical Analysis and Outlook
The Euro Dollar reach its highest level ever since the middle of October 2018, and the currency pair might eventually test the October swing Key Resistance 1.1593, and possibly to advance to Currency Rally 1.1682. On the downside, we see Mean Support 1.1443 as an intermediate stop, while more significant Mean Support 1.1294 and major Key Support 1.1218 are dwindling below. (For more Market Commentary, and Blog article 'Stock Market Predictions And Contemplation', please visit the TradingSig_dot_com).
The Euro Dollar reach its highest level ever since the middle of October 2018, and the currency pair might eventually test the October swing Key Resistance 1.1593, and possibly to advance to Currency Rally 1.1682. On the downside, we see Mean Support 1.1443 as an intermediate stop, while more significant Mean Support 1.1294 and major Key Support 1.1218 are dwindling below. (For more Market Commentary, and Blog article 'Stock Market Predictions And Contemplation', please visit the TradingSig_dot_com).