EUR/USD Daily Outlook

Intraday bias in EUR/USD remains neutral at this point. Overall, outlook remains bullish as long as 1.1822 support holds. Above 1.2091 will extend larger rise fro 1.0339 and target next key fibonacci level at 1.2516. But considering bearish divergence condition in 4 hour MACD, break of 1.1822 will confirm short term topping and bring deeper fall back to 1.1661 support and below.

Subscribe to our Channel to receive more updates and information on Forex, Nadex and other systems that we cover.


Posted in Forex Market.

Leave a Reply

Your email address will not be published. Required fields are marked *