Daily Pivots: (S1) 1.2025; (P) 1.2134; (R1) 1.2242; More…. As long as 1.2129 support holds, further rise is expected in EUR/USD. Current rally from 1.0635 should target 61.8% projection of 1.0635 to 1.2011 from 1.1602 at 1.2452 next. Though, considering bearish divergence condition in 4 hour MACD, break of 1.2129 support should confirm short term
The post EUR/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2025; (P) 1.2134; (R1) 1.2242; More…. As long as 1.2129 support holds, further rise is expected in EUR/USD. Current rally from 1.0635 should target 61.8% projection of 1.0635 to 1.2011 from 1.1602 at 1.2452 next. Though, considering bearish divergence condition in 4 hour MACD, break of 1.2129 support should confirm short term […]
The post EUR/USD Daily Outlook appeared first on Action Forex.