EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1642; (P) 1.1663; (R1) 1.1682; More…. EUR/USD recovers mildly after NFP but overall outlook is unchanged. Intraday bias stays on the downside for the moment. Prior break of 55 D EMA (now at 1.1671) suggests that rebound from 1.1467 has already completed. Overall development indicates that corrective pattern from 1.1917 is already […]
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