EUR/USD Mid-Day Outlook

EUR/USD’s firm break of 1.2091 resistance today indicates resumption of medium term rise from 1.0339. Intraday bias is back on the upside. Current rise should target 1.2494/2516 key resistance zone next. On the downside, break of 1.1915 support is needed to confirm short term topping. Otherwise, outlook will remain bullish in case of retreat.

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Your email address will not be published.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 *