Daily Pivots: (S1) 1.0802; (P) 1.0839; (R1) 1.0872; More… EUR/USD’s rally resumed after brief consolidations and intraday bias is back on the upside. Firm break of 161.8% projection of 1.0176 to 1.0531 from 1.0358 at 1.0932 will pave the way back to 1.1274 key resistance next. On the downside, below 1.0804 support will turn intraday […]
Daily Pivots: (S1) 0.9792; (P) 0.9807; (R1) 0.9821; More… EUR/CHF is still extending the consolidation form 0.9847 and intraday bias stays neutral. Near term outlook will remain bullish as long as 0.9709 support holds. Break of 0.9847 will resume larger rise from 0.9252. However, considering bearish divergence condition in 4H MACD, break of 0.9709 will […]
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