EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2047; (P) 1.2105; (R1) 1.2135; More… EUR/USD’s correction from 1.2348 short term top continues today. Intraday bias stays on the downside with focus on 1.2058 cluster support (38.2% retracement of 1.1602 to 1.2348 at 1.2063). We’d still expect strong support from there. On the upside, break of 1.2131 minor resistance will turn
The post EUR/USD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2047; (P) 1.2105; (R1) 1.2135; More… EUR/USD’s correction from 1.2348 short term top continues today. Intraday bias stays on the downside with focus on 1.2058 cluster support (38.2% retracement of 1.1602 to 1.2348 at 1.2063). We’d still expect strong support from there. On the upside, break of 1.2131 minor resistance will turn […]

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

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