Technical Analysis and Outlook:
The Eurodollar has obsoleted two resistance targets: Mean Res 1.095 and Key Res 1.099, respectively, in the latter part of the trading session this week, aiming for a further upside move to Outer Currency Rally 1.110 and Major Key Res 1.116 for the present is deferred. The current downside target is Mean Sup 1.097 and 1.084.
The Eurodollar has obsoleted two resistance targets: Mean Res 1.095 and Key Res 1.099, respectively, in the latter part of the trading session this week, aiming for a further upside move to Outer Currency Rally 1.110 and Major Key Res 1.116 for the present is deferred. The current downside target is Mean Sup 1.097 and 1.084.