Trading Strategies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2025; (P) 1.2134; (R1) 1.2242; More…. EUR/USD draw support from 4 hour 55 EMA and rebounds notably today. Overall, with 1.2129 support intact, further rise is expected. Current rally from 1.0635 should target 61.8% projection of 1.0635 to 1.2011 from 1.1602 at 1.2452 next. Though, considering bearish divergence condition in 4 hour
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2025; (P) 1.2134; (R1) 1.2242; More…. EUR/USD draw support from 4 hour 55 EMA and rebounds notably today. Overall, with 1.2129 support intact, further rise is expected. Current rally from 1.0635 should target 61.8% projection of 1.0635 to 1.2011 from 1.1602 at 1.2452 next. Though, considering bearish divergence condition in 4 hour […]

The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

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