EUR/USD rebounded to 1.1721 last week but failed to take out 1.1733 resistance and retreated sharply. Initial bias is neutral this week first. Rebound from 1.1300 could extend higher. But we’d expect strong resistance from 38.2% retracement of 1.2555 to 1.1300 at 1.1779 to limit upside, at least on first attempt, to bring near term […]

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Original source: https://www.actionforex.com/technical-outlook/eurusd-outlook/131324-eur-usd-weekly-outlook-85/

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