Trading Strategies

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2118; (P) 1.2148; (R1) 1.2185; More… With 1.2222 minor resistance intact, EUR/USD’s correction from 1.2348 could extend lower. 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. Break of 1.2222 minor resistance will bring retest of 1.2348 high. However, firm break
The post EUR/USD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2118; (P) 1.2148; (R1) 1.2185; More… With 1.2222 minor resistance intact, EUR/USD’s correction from 1.2348 could extend lower. 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. Break of 1.2222 minor resistance will bring retest of 1.2348 high. However, firm break […]

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

Leave a Reply

Your email address will not be published. Required fields are marked *