EUR/USD Daily Outlook

EUR/USD’s fall from 1.1848 resumed after brief consolidations. Intraday bias is back on the downside. As noted before, rebound from 1.1408 could have completed as a corrective three-wave move. Deeper fall should be seen to retest 1.1408 low. For now, risk will
EUR/USD’s fall from 1.1848 resumed after brief consolidations. Intraday bias is back on the downside. As noted before, rebound from 1.1408 could have completed as a corrective three-wave move. Deeper fall should be seen to retest 1.1408 low. For now, risk will stay on the downside as long as 55 4H EMA (now at 1.1668) […] The post EUR/USD Daily Outlook appeared first on ActionForex.