Daily Pivots: (S1) 0.9740; (P) 0.9797; (R1) 0.9859; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Break of 0.9634 minor support will suggest that larger down trend is ready to resume. Intraday bias will be back on the downside for 0.9534 and below. However, sustained break of 0.9863 will confirm short term
EURUSD Outlook
Daily Pivots: (S1) 0.9740; (P) 0.9797; (R1) 0.9859; More… Intraday bias in EUR/USD stays neutral at this point. Break of 0.9634 minor support will suggest that larger down trend is ready to resume. Intraday bias will be back on the downside for 0.9534 and below. However, sustained break of 0.9863 will confirm short term bottoming
EUR/USD recovered after dipping to 0.9534 last week, but stays below 0.9863 support turned resistance. Initial bias remains neutral this week first. Break of 0.9634 minor support will suggest that larger down trend is ready to resume. Intraday bias will be back on the downside for 0.9534 and below. However, sustained break of 0.9863 will
Daily Pivots: (S1) 0.9694; (P) 0.9755; (R1) 0.9874; More… Intraday bias in EUR/USD remains neutral at this point, and outlook stays bearish with 0.9863 support turned resistance intact. Break of 0.9634 will suggest that larger down trend is ready to resume. Intraday bias will be back on the downside for 0.9534 and below. However, sustained
Daily Pivots: (S1) 0.9694; (P) 0.9755; (R1) 0.9874; More… EUR/USD’s rebound from 0.9534 extends higher but stays below 0.9863 support turned resistance. Intraday bias remains neutral and larger down trend is still expected to resume later through 0.9534. However, sustained break of 0.9863 will confirm short term bottoming, and bring stronger rally back to 1.0197
Daily Pivots: (S1) 0.9600; (P) 0.9675; (R1) 0.9814; More… Intraday bias in EUR/USD stays neutral at this point. Consolidation from 0.9534 could extend. But upside should be limited by 0.9863 support turned resistance to bring fall resumption. Break of 0.9534 will resume larger down trend, and target 161.8% projection of 1.0368 to 0.9863 from 1.0197
Daily Pivots: (S1) 0.9600; (P) 0.9675; (R1) 0.9814; More… Intraday bias in EUR/USD is turned neutral again with current recovery. Some consolidations could be seen but upside should be limited by 0.9863 support turned resistance to bring fall resumption. Break of 0.9534 will resume larger down trend, and target 161.8% projection of 1.0368 to 0.9863