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EUR/USD Daily Outlook

Analytic Dave

May 16, 2026

Daily Pivots: (S1) 1.1647; (P) 1.1684; (R1) 1.1703; More…. EUR/USD’s fall from 1.1848 resumed by breaking 1.1653 support. Intraday bias is back on the downside. Decisive break of 1.1639 resistance turned support will indicate that rebound from 1.1408 has completed as a corrective three-wave move at 1.1848. Deeper fall should then be seen to retest […]

The post EUR/USD Daily Outlook appeared first on ActionForex.

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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