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Bullish Outlook


Trend Needle Still Points South


US-ASEAN Summit Concludes


Risk-On Sentiment Dominates

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*$1.3110/13 50% $1.3267-$1.2952/Aug3 low
*$1.3080    Offers reported
*$1.3072    38.2% $1.3267-$1.2952/Stops
*$1.3053/59 Aug8-7 highs
*$1.3030    Aug9 high
*$1.3015    Aug10 high
*$1.2994/00 Hourly high/Hourly resistance
*$1.2982 ***CURRENT MARKET RATE ***0122GMT FRIDAY***
*$1.2952    Aug10 low
*$1.2950    Bids on approach, stops on break
*$1.2934/33 50-dma,  Jul20 low
*$1.2928    50% $1.2589-$1.3267
*$1.2905    1.618% swing $1.2953-1.3030
*$1.2879    Jul13 low
*$1.2848/44 61.8% $1.2589-$1.3267/2.0% envelope 10-dma

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