EUR/USD Daily Outlook

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Daily Pivots: (S1) 1.1500; (P) 1.1525; (R1) 1.1540; More…. EUR/USD is extending the consolidation pattern from 1.1408 and intraday bias remains neutral. With 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) intact, further decline is expected. On the downside, firm break of 1.1408 will resume the fall from 1.2081 to 38.2% retracement […]The post EUR/USD Daily Outlook appeared first on ActionForex.