What is the outlook for EURUSD? Citi notes that EURUSD achieved a bullish daily close yesterday above the pivotal resistance range, with not much in terms of topside levels until 1.2350. “FX continues to fare better, with traditional correlations to risk assets holding less grip…EURUSD closed at 1.2217 on Tuesday, above the pivotal resistance range we flagged just below the 1.22 handle,” Citi notes. “CitiFX Technicals flagged that a daily close above this range would trigger a sharp acceleration higher towards the trend high from January 2021 at 1.2349,“Citi adds. Kenny Fisher Kenny Fisher Kenny Fisher - Senior Writer A native of Toronto, Canada, Kenneth worked for seven years in the marketing and trading departments at Bendix, a foreign exchange company in Toronto. Kenneth is also a lawyer, and has extensive experience as an editor and writer. Kenny's Google Profile View All Post By Kenny Fisher Daily Look share Read Next GBP/USD inches back closer to mid-1.4100s amid weaker USD FX Street 1 year What is the outlook for EURUSD? Citi notes that EURUSD achieved a bullish daily close yesterday above the pivotal resistance range, with not much in terms of topside levels until 1.2350. "FX continues to fare better, with traditional correlations to risk assets holding less grip...EURUSD closed at 1.2217 on Tuesday, above the pivotal resistance range we flagged just below the 1.22 handle," Citi notes. "CitiFX Technicals flagged that a daily close above this range would trigger a sharp acceleration higher towards the trend high from January 2021 at 1.2349,"Citi adds. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
