EUR/USD Weekly Outlook
EUR/USD’s rally from 1.1323 extended further to 1.1710 last week but turned sideway since then. Initial bias is turned neutral this week for some consolidations. Downside should be contained by 1.1565 support to bring another rally. On the upside, above 1.1710
EUR/USD’s rally from 1.1323 extended further to 1.1710 last week but turned sideway since then. Initial bias is turned neutral this week for some consolidations. Downside should be contained by 1.1565 support to bring another rally. On the upside, above 1.1710 will target 61.8% retracement of 1.2081 to 1.1323 at 1.1791 next. Firm break there […] The post EUR/USD Weekly Outlook appeared first on ActionForex.