Daily Pivots: (S1) 1.2124; (P) 1.2173; (R1) 1.2207; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. With 1.2244 minor resistance intact, another fall could still be seen 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) 1.2124; (P) 1.2173; (R1) 1.2207; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. With 1.2244 minor resistance intact, another fall could still be seen 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.