Trading Strategies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2118; (P) 1.2148; (R1) 1.2185; More… No change in EUR/USD’s outlook at this point. With 1.2222 minor resistance intact, correction from 1.2348 could extend lower. But downside should be contained by 1.2058 cluster support (38.2% retracement of 1.1602 to 1.2348 at 1.2063) to bring rebound. Break of 1.2222 minor resistance will bring
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2118; (P) 1.2148; (R1) 1.2185; More… No change in EUR/USD’s outlook at this point. With 1.2222 minor resistance intact, correction from 1.2348 could extend lower. But downside should be contained by 1.2058 cluster support (38.2% retracement of 1.1602 to 1.2348 at 1.2063) to bring rebound. Break of 1.2222 minor resistance will bring […]

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

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