EUR/USD Weekly Outlook

EUR/USD’s correction from 1.2348 resumed with the third leg last week and hit as low as 1.1892. Initial bias stays on the downside this week for 100% projection of 1.2348 to 1.1951 from 1.2242 at 1.1845. We’d look for bottoming signal around there. On the upside, above 1.1990 minor resistance will turn intraday bias neutral
The post EUR/USD Weekly Outlook appeared first on Action Forex.

EUR/USD’s correction from 1.2348 resumed with the third leg last week and hit as low as 1.1892. Initial bias stays on the downside this week for 100% projection of 1.2348 to 1.1951 from 1.2242 at 1.1845. We’d look for bottoming signal around there. On the upside, above 1.1990 minor resistance will turn intraday bias neutral […]

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

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