EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3670; (P) 1.3792 (R1) 1.3859; More.
EUR/USD’s break of 1.3685 minor support suggests that rebound from 1.3145 is finished at 1.3914 already. Intraday bias is flipped back to the downside and deeper fall should be seen to retest 1.3145 next. On the upside, though, above 1.3914 will invalidate this view and should flip bias to the upside for 61.8% retracement of 1.4548 to 1.3145 at 1.4012, which is close to 1.4 psychological level.
In the bigger picture, as this point, we’re
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