EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2032; (P) 1.2084; (R1) 1.2113; More… EUR/USD’s break of 1.2052 support suggests resumption of fall from 1.2348. Intraday bias is back on the downside for channel support (now at 1.1972). Sustained break there would argue that it’s correcting whole up trend from 1.0635 to 1.2348. Next near term target will be 100%
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2032; (P) 1.2084; (R1) 1.2113; More… EUR/USD’s break of 1.2052 support suggests resumption of fall from 1.2348. Intraday bias is back on the downside for channel support (now at 1.1972). Sustained break there would argue that it’s correcting whole up trend from 1.0635 to 1.2348. Next near term target will be 100% […]

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

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