EUR/USD Mid-Day Outlook

EUR/USD’s rebound from 1.4801 is still in progress and at this point, intraday bias remains on the upside for a test on 1.5047/5061 first. As noted before, the corrective structure of price actions form 1.5047 to 1.4801 suggests that it’s mere consolidation rise from 1.4626 only. Break of 1.5061 will…