EUR/USD Weekly Outlook

EUR/USD rose to 1.1630 last week but retreated since then. Initial bias stays neutral this week for consolidations. The break of 1.1572 suggest that rally from 1.0176 is resuming. Above 1.1630 will target 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927. However, break of 1.1372 support will indicate short term topping, and turn […]

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

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