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Action Insight: EURUSD Technical Outlook

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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 29 16 07:35 GMT
Intraday bias in EUR/USD stays neutral for consolidation above 1.0911 low. Price actions could remain volatile but upside attempts should be limited well below 1.1426 resistance and bring fall resumption. Current development indicates that rebound from 1.0517 has completed at 1.1615 already. Below 1.0911 will target 1.0821 support first. Break will target a test on 1.0461/0517 support zone.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 28 16 13:41 GMT
Intraday bias in EUR/USD stays neutral for consolidation above 1.0911 low. Price actions could remain volatile but upside attempts should be limited well below 1.1426 resistance and bring fall resumption. Current development indicates that rebound from 1.0517 has completed at 1.1615 already. Below 1.0911 will target 1.0821 support first. Break will target a test on 1.0461/0517 support zone.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 28 16 04:11 GMT
Intraday bias in EUR/USD stays neutral for consolidation above 1.0911 low. Price actions could remain volatile but upside attempts should be limited well below 1.1426 resistance and bring fall resumption. Current development indicates that rebound from 1.0517 has completed at 1.1615 already. Below 1.0911 will target 1.0821 support first. Break will target a test on 1.0461/0517 support zone.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 27 16 13:04 GMT
Intraday bias in EUR/USD stays neutral for consolidation above 1.0911 low. Price actions could remain volatile but upside attempts should be limited well below 1.1426 resistance and bring fall resumption. Current development indicates that rebound from 1.0517 has completed at 1.1615 already. Below 1.0911 will target 1.0821 support first. Break will target a test on 1.0461/0517 support zone.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 27 16 03:43 GMT
Intraday bias in EUR/USD stays neutral for consolidation above 1.0911 low. Price actions could remain volatile but upside attempts should be limited well below 1.1426 resistance and bring fall resumption. Current development indicates that rebound from 1.0517 has completed at 1.1615 already. Below 1.0911 will target 1.0821 support first. Break will target a test on 1.0461/0517 support zone.
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EUR/USD Weekly Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 25 16 15:49 GMT
EUR/USD dropped sharply to as long as 1.0911 last week then recovered. Initial bias is neutral this week for consolidations but upside should be limited well below 1.1426 resistance and bring another fall. Current development indicates that rebound from 1.0517 has completed at 1.1615 already. Below 1.0911 will target 1.0821 support first. Break will target a test on 1.0461/0517 support zone.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 24 16 13:40 GMT
EUR/USD recovers after hitting 1.0911 and intraday bias is turned neutral first. Some consolidation might be seen but further fall is expected after the it completes. Rebound from 1.0517 should have completed at 1.1615 already. Below 1.0911 will target 1.0821 support first. Break will target a test on 1.0461/0517 support zone.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 24 16 05:16 GMT
The sharp decline in EUR/USD and strong break of 1.1097 support indicates resumption of decline from 1.1615. More importantly, it should have confirmed the completion of rebound from 1.0517 at 1.1615, with channel support firmly taken out. Intraday bias is back on the downside for 1.0821 support first. Break will target a test on 1.0461/0517 support zone. On the upside, above 1.1097 will turn bias neutral and bring consolidations before staging another fall.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 23 16 14:09 GMT
The breach of 1.1414 resistance suggests that rise from 1.1097 is resuming. The pair is staying in a near term rising channel and rise from 1.0517 could extend higher. Intraday bias is cautiously on the upside for 1.1615 first. On the downside, below 1.1315 minor support will turn bias neutral again.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jun 23 16 08:41 GMT
Intraday bias in EUR/USD remains neutral at this point. On the downside, break of 1.1097 support will confirm resumption of fall from 1.1615. More importantly, that will indicate completion of rebound from 1.0517. And, in that case, retest of 1.0461/517 resistance zone would be seen. Nonetheless, above 1.1414 will turn focus back to 1.1615 instead.
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