Daily Pivots: (S1) 1.1889; (P) 1.1909; (R1) 1.1950; More…. Break of 1.1951 support turned resistance suggests short term bottoming at 1.1834. Intraday bias is back on the upside for 55 day EMA (now at 1.2060). Sustained break there will indicate completion of correction from 1.2348 and bring retest of this high. On the downside, however,
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.1889; (P) 1.1909; (R1) 1.1950; More…. Break of 1.1951 support turned resistance suggests short term bottoming at 1.1834. Intraday bias is back on the upside for 55 day EMA (now at 1.2060). Sustained break there will indicate completion of correction from 1.2348 and bring retest of this high. On the downside, however, […]
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.