EUR/Mid-Day Outlook

Daily Pivots: (S1) 1.0595; (P) 1.0625; (R1) 1.0648; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Consolidation from 1.0601 could extend further. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% […] The post EUR/Mid-Day Outlook appeared first on Action Forex.

EUR/Mid-Day Outlook

Daily Pivots: (S1) 1.0595; (P) 1.0625; (R1) 1.0648; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Consolidation from 1.0601 could extend further. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% […]

The post EUR/Mid-Day Outlook appeared first on Action Forex.