EUR/USD Daily Outlook

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Intraday bias in EUR/USD stays neutral first. Further decline is expected as long as 1.1276 resistance holds. Break of 1.1111 will extend the fall from 1.1710 to 1.0904 fibonacci level. However, considering bullish divergence condition in 4H MACD, firm break of 1.1276 will indicate short term bottoming, and bring stronger rebound to 55 D EMA […]The post EUR/USD Daily Outlook appeared first on ActionForex.