Daily Pivots: (S1) 1.0780; (P) 1.0834; (R1) 1.0888; More… Intraday bias in EUR/USD is turned neutral first with current retreat. Some consolidations would be seen below 1.0887 temporary top. Downside should be contained by 55 4H EMA (now at 1.0682) to bring another rally. Above 1.0887 will resume the rise from 1.0176 to 161.8% projection […]
Daily Pivots: (S1) 1.0901; (P) 1.0946; (R1) 1.1004; More… EUR/USD is staying below 1.1145 despite current rebound, and intraday bias remains neutral. More consolidations could be seen, but in case of another retreat, downside should be contained by 38.2% retracement of 1.0176 to 1.1145 at 1.0775. On the upside, above 1.1145 will resume the rally […]
The post EUR/USD Daily Outlook appeared first on Action Forex.
Share
