EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1479; (P) 1.1521; (R1) 1.1596; More…. EUR/USD’s rebound from 1.1441 extended further, but still it’s capped below 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665). Price actions from 1.1408 are viewed as a consolidations pattern and further decline is expected. On the downside, firm break of 1.1408 will resume […]
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