Daily Pivots: (S1) 1.2160; (P) 1.2185; (R1) 1.2233; More… Intraday bias in EUR/USD is turned neutral with currency recovery. Another fall could still be seen with 1.2244 minor resistance intact, as consolidation from 1.2348 extends. But downside should be contained by 1.2058 cluster support (38.2% retracement of 1.1602 to 1.2348 at 1.2063) to bring rebound.
The post EUR/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2160; (P) 1.2185; (R1) 1.2233; More… Intraday bias in EUR/USD is turned neutral with currency recovery. Another fall could still be seen with 1.2244 minor resistance intact, as consolidation from 1.2348 extends. But downside should be contained by 1.2058 cluster support (38.2% retracement of 1.1602 to 1.2348 at 1.2063) to bring rebound. […]
The post EUR/USD Daily Outlook appeared first on Action Forex.