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EUR/USD Mid-Day Outlook

Analytic Dave

May 7, 2026

Daily Pivots: (S1) 1.1674; (P) 1.1695; (R1) 1.1713; More…. EUR/USD is still bounded below 1.1848 resistance despite today’s rebound. Intraday bias remains neutral at this point. With 1.1642 support intact, rise from 1.1408 is expected to continue. On the upside, firm break of 1.1848 will target 1.2081 high next. However, firm break of 1.1662 support […]

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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