EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2025; (P) 1.2134; (R1) 1.2242; More…. EUR/USD is losing upside momentum as seen in 4 hour MACD. But further rise is expected with 1.2129 support intact. 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,
The post EUR/USD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2025; (P) 1.2134; (R1) 1.2242; More…. EUR/USD is losing upside momentum as seen in 4 hour MACD. But further rise is expected with 1.2129 support intact. 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, […]

The post EUR/USD Daily Outlook appeared first on Action Forex.

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