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EUR/USD Mid-Day Outlook

Analytic Dave

May 16, 2026

Daily Pivots: (S1) 1.1647; (P) 1.1684; (R1) 1.1703; More…. EUR/USD’s decline continues today and the break of 1.1639 resistance turned support suggests that rebound from 1.1408 has completed as a corrective three-wave move at 1.1848. Intraday bias remains on the downside for retesting 1.1408 low. Firm break there resume the whole fall from 1.2081. On […]

The post EUR/USD Mid-Day 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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