Daily Pivots: (S1) 1.1934; (P) 1.2001; (R1) 1.2039; More… Intraday bias in EUR/USD is back on the downside as fall from 1.2442 resumes. Such decline is third leg of the corrective pattern from 1.2348. Break of 1.1951 will target 100% projection of 1.2348 to 1.1951 from 1.2242 at 1.1845. We’d look for bottoming signal there.
The post EUR/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.1934; (P) 1.2001; (R1) 1.2039; More… Intraday bias in EUR/USD is back on the downside as fall from 1.2442 resumes. Such decline is third leg of the corrective pattern from 1.2348. Break of 1.1951 will target 100% projection of 1.2348 to 1.1951 from 1.2242 at 1.1845. We’d look for bottoming signal there. […]
The post EUR/USD Daily Outlook appeared first on Action Forex.