EUR/USD’s break of 1.1688 support last week suggests that recovery from 1.1612 has completed at 1.1880. More importantly, corrective fall from 1.2011 is likely resuming. Initial bias stays on the downside this week for 1.1612 support first. Break will confirm this case and target 38.2% retracement of 1.0635 to 1.2011 at 1.1485. On the upside,
The post EUR/USD Weekly Outlook appeared first on Action Forex.
EUR/USD’s break of 1.1688 support last week suggests that recovery from 1.1612 has completed at 1.1880. More importantly, corrective fall from 1.2011 is likely resuming. Initial bias stays on the downside this week for 1.1612 support first. Break will confirm this case and target 38.2% retracement of 1.0635 to 1.2011 at 1.1485. On the upside, […]
The post EUR/USD Weekly Outlook appeared first on Action Forex.