Daily Pivots: (S1) 1.0802; (P) 1.0826; (R1) 1.0849; More….. Intraday bias in EUR/USD remains neutral for consolidation above 1.0797 temporary low. Further decline decline is expected with 1.0869 resistance intact. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper […]
Dec 11, 2023
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.0722; (P) 1.0762; (R1) 1.0799; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to retest 1.0447 support. On the upside, above 1.0816 minor resistance will turn intraday bias neutral […]
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