EUR/USD Outlook – Corrective Rally to Extend Higher; Key Resistance Cluster Near 1.3030
The EUR/USD slid below the 1.2870 2011 low and established a new 2011 low at 1.2857 before a corrective rally followed. As we wind down the trading year on the 12/30 US session, the market appears to continue this corrective rally. It is so far held below 1.2968, 50% retracement
