Thursday 12 May 2022

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0485; (P) 1.0531 (R1) 1.0560; More… EUR/USD finally breaks through 1.0470 support today as larger down trend resumes. Intraday bias is back on the downside with focus on 1.0339 long term support. Firm break there will carry larger bearish implication and target 161.8% projection of 1.1494 to 1.0805 from 1.1184 at 1.0069. […] The post EUR/USD Mid-Day Outlook appeared first on Action Forex.
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