
Forex : cours des devises, conseils et analyses en temps réel sur daily-forex.fr EUR/USD Weekly Outlook EUR/USD continued to gyrate inside converging range of 1.3969/4939 last week and outlook remains unchanged. Price actions from 1.4939 could be developing into a triangle pattern. Hence, we'll stay bullish as long as 1.3969 support holds and favors an upside bring out. Having said that, while another fall cannot be ruled out, downside should be contained above 1.3969 and bring rebound. On the upside, above 1.4441 will turn bias to the upside. Further break of 1.4695 will be the first signal of up trend resumption for another high above 1.4939. In the bigger picture, EUR/USD is still trading above medium term trend line support from 1.1875 (now at 1.364) and thus, rise from there should still be in progress. In the long term picture, correction from 1.6039 might have completed at 1.1875 already.
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