Daily Pivots: (S1) 1.2047; (P) 1.2105; (R1) 1.2135; More… Intraday bias in EUR/USD remains on the downside with focus on 1.2058 cluster support (38.2% retracement of 1.1602 to 1.2348 at 1.2063). We’d still expect strong support from there. On the upside, break of 1.2131 minor resistance will turn bias to the upside for rebound. However,
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2047; (P) 1.2105; (R1) 1.2135; More… Intraday bias in EUR/USD remains on the downside with focus on 1.2058 cluster support (38.2% retracement of 1.1602 to 1.2348 at 1.2063). We’d still expect strong support from there. On the upside, break of 1.2131 minor resistance will turn bias to the upside for rebound. However, […]
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.