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EUR/USD Mid-Day Outlook

Analytic Dave

May 12, 2023

Daily Pivots: (S1) 1.0878; (P) 1.0938; (R1) 1.0976; More… EUR/USD’s break of 1.0908 support indicates short term topping at 1.1094. Intraday bias is back on the downside. Considering bearish divergence condition in D MACD, sustained trading below 55 D EMA (now at 1.0881) will pave the way back to 1.0515 cluster support, 38.2% retracement of […]

The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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