meets minor resistance at 2-month highs at 1.1915/20. A break above 1.1940 is a buy signal targeting 1.1960/70 then resistance at this year’s high of 1.2000/10.
Holding resistance at 2-month highs at 1.1915/20 targets 1.1895/90, perhaps as far as support at 1.1870/60. Below 1.1845 meets support at 1.1800/1.1790.
first resistance at 1.3030/40 but above here targets minor resistance at 1.3080/90. Minor resistance again at 1.3115/25.
Holding 1.3030/40 re-targets 1.2990/80 before a retest of last week’s low at 1.2935/25.
Trends
- Weekly Outlook Neutral
- Daily Outlook Neutral
- Short Term Outlook Neutral
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