Daily Pivots: (S1) 1.1622; (P) 1.1639; (R1) 1.1656; More….. EUR/USD lost downside momentum ahead of 1.1612 support and recovered. Intraday bias is turned neutral for some consolidations. But risk will stay on the downside as long as 1.1880 resistance holds. Break of 1.1612 will resume the corrective decline from 1.2011, for 38.2% retracement of 1.0635
The post EUR/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.1622; (P) 1.1639; (R1) 1.1656; More….. EUR/USD lost downside momentum ahead of 1.1612 support and recovered. Intraday bias is turned neutral for some consolidations. But risk will stay on the downside as long as 1.1880 resistance holds. Break of 1.1612 will resume the corrective decline from 1.2011, for 38.2% retracement of 1.0635 […]
The post EUR/USD Daily Outlook appeared first on Action Forex.