EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0766; (P) 1.0785 (R1) 1.0804; More…..

In the bigger picture, as long as 1.1298 key resistance holds, whole down trend from 1.6039 (2008 high) is still expected to resume later. Break of 1.0339 low will send EUR/USD through parity to 61.8% projection of 1.3993 to 1.0461 from 1.1298 at 0.9115.

EUR/USD 4 Hours Chart

EUR/USD Daily Chart

Featured Analysis

Learn Forex Trading