Thursday 27 October 2022

EUR/USD Daily Outlook

Daily Pivots: (S1) 0.9886; (P) 0.9932; (R1) 1.0013; More… Immediate focus is now on 0.9998 resistance in EUR/USD. Decisive break there will confirm resumption of rebound from 0.9534. More importantly, that should also indicate medium term bottoming at 0.9534, on bullish convergence condition in daily MACD. Stronger rise should then be seen to 38.2% retracement […] The post EUR/USD Daily Outlook appeared first on Action Forex.
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