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.