Every day Pivots: (S1) 1.0445; (P) 1.0469; (R1) 1.0491; Extra… Intraday bias in EUR/USD stays on the draw back for the second. Fall from 1.1274 is in progress and may goal 1.0199 fibonacci stage subsequent. On the upside, break of 1.0616 resistance is required to point quick time period bottoming. In any other case, outlook will keep bearish in case of restoration. Within the greater image, fall from 1.1274 medium time period prime may nonetheless be a correction to rise from 0.9534 (2022 low). However likelihood of a whole development 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, threat will keep on the draw back so long as 55 D EMA (now at 1.0759) holds, in case of rebound. Featured Evaluation
