Every day Pivots: (S1) 1.0548; (P) 1.0583; (R1) 1.0607; Extra… Intraday bias in EUR/USD stays impartial as consolidation from 1.0487 is extending. Stronger restoration can’t be dominated out. However close to time period outlook will keep bearish so long as 1.0764 assist turned resistance holds. Break of 1.0487 will resume the autumn from 1.1274 to 1.0199 fibonacci degree. Within the greater image, fall from 1.1274 medium time period prime might nonetheless be a correction to rise from 0.9534 (2022 low). However likelihood of an entire pattern reversal is rising. In both case, present fall ought to goal 61.8% retracement of 0.9534 to 1.1274 at 1.0199 subsequent. For now, danger will keep on the draw back so long as 55 D EMA (now at 1.0786) holds, in case of rebound. Featured Evaluation
