Based rough Technical Analysis of the above chart, there is a strong bullish formation (bearish for USD). Target 1 is 23 and target 2 is 22.5 or thereabouts to occur between now and next 6 mos. Most likely driven by Fed cutting interest rares in the US.
Based rough Technical Analysis of the above chart, there is a strong bullish formation (bearish for USD). Target 1 is 23 and target 2 is 22.5 or thereabouts to occur between now and next 6 mos. Most likely driven by Fed cutting interest rares in the US.