EUR/USD Weekly Outlook

EUR/USD rose to 1.2242 last week but reversed from there. The development suggests that rebound from 1.1951 has completed as the second leg of the corrective pattern from 1.2348. Initial bias remains on the on the downside this week. Break of 1.2022 support should confirm the start of the third leg, towards 100% projection of
The post EUR/USD Weekly Outlook appeared first on Action Forex.

EUR/USD rose to 1.2242 last week but reversed from there. The development suggests that rebound from 1.1951 has completed as the second leg of the corrective pattern from 1.2348. Initial bias remains on the on the downside this week. Break of 1.2022 support should confirm the start of the third leg, towards 100% projection of […]

The post EUR/USD Weekly Outlook appeared first on Action Forex.

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