Technical Outlook: Mixed/Bullish
- Reversal off key trendline support creating double bottom pattern
- Price will need to break 1.1530 zone with momentum to avoid leg lower toward 1.1440 zone and 1.1330 (fib 1.27 extension level)
- Dollar weak and currently technically structured lower
- Reversal off key trendline support creating double bottom pattern
- Price will need to break 1.1530 zone with momentum to avoid leg lower toward 1.1440 zone and 1.1330 (fib 1.27 extension level)
- Dollar weak and currently technically structured lower