Daily Pivots: (S1) 1.1739; (P) 1.1786; (R1) 1.1826; More….. EUR/USD’s break of 1.1791 minor support dampens the bullish case. Instead, it suggests that consolidation pattern from 1.2011 high might be resuming. Intraday bias is mildly on the downside for 1.1602 support. Nevertheless, break of 1.1920 will resume the rise from1 .1602 for resting 1.2011 high.
The post EUR/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.1739; (P) 1.1786; (R1) 1.1826; More….. EUR/USD’s break of 1.1791 minor support dampens the bullish case. Instead, it suggests that consolidation pattern from 1.2011 high might be resuming. Intraday bias is mildly on the downside for 1.1602 support. Nevertheless, break of 1.1920 will resume the rise from1 .1602 for resting 1.2011 high. […]
The post EUR/USD Daily Outlook appeared first on Action Forex.