EUR/USD rebounded strongly to 1.2148 last week. While it retreated since then, some support was seen from 4 hour 55 day EMA and recovered. Initial bias is neutral this week first. On the upside, break of 1.2148 temporary top will reaffirm the case that correction from 1.2348 has completed with three waves down to 1.1951.
The post EUR/USD Weekly Outlook appeared first on Action Forex.
EUR/USD rebounded strongly to 1.2148 last week. While it retreated since then, some support was seen from 4 hour 55 day EMA and recovered. Initial bias is neutral this week first. On the upside, break of 1.2148 temporary top will reaffirm the case that correction from 1.2348 has completed with three waves down to 1.1951. […]
The post EUR/USD Weekly Outlook appeared first on Action Forex.