EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2279; (P) 1.2314; (R1) 1.2362; More… Intraday bias in EUR/USD is turned neutral with today’s retreat. Some consolidations would be seen but further rise is expected with 1.2214 minor support intact. Break of 1.2348 would target 61.8% projection of 1.0635 to 1.2011 from 1.1602 at 1.2452 next. Though, considering bearish divergence condition
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2279; (P) 1.2314; (R1) 1.2362; More… Intraday bias in EUR/USD is turned neutral with today’s retreat. Some consolidations would be seen but further rise is expected with 1.2214 minor support intact. Break of 1.2348 would target 61.8% projection of 1.0635 to 1.2011 from 1.1602 at 1.2452 next. Though, considering bearish divergence condition […]

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

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