EUR/USD rebounded after hitting 1.1834 last week, but lost momentum after hitting 1.1989. Initial bias is neutral this week first. On the upside, above 1.1989 will target 55 day EMA (now at 1.2054) . Firm break there will indicate completion of correction from 1.2348 and bring retest of this high. On the downside, however, break
The post EUR/USD Weekly Outlook appeared first on Action Forex.
EUR/USD rebounded after hitting 1.1834 last week, but lost momentum after hitting 1.1989. Initial bias is neutral this week first. On the upside, above 1.1989 will target 55 day EMA (now at 1.2054) . Firm break there will indicate completion of correction from 1.2348 and bring retest of this high. On the downside, however, break […]
The post EUR/USD Weekly Outlook appeared first on Action Forex.