Daily Pivots: (S1) 1.2208; (P) 1.2259; (R1) 1.2301; More… No change in EUR/USD’s outlook as further rise is expected with 1.2129 support intact. 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 MACD, break of 1.2129 support should confirm
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Daily Pivots: (S1) 1.2208; (P) 1.2259; (R1) 1.2301; More… No change in EUR/USD’s outlook as further rise is expected with 1.2129 support intact. 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 MACD, break of 1.2129 support should confirm […]
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.