Daily Pivots: (S1) 1.4057; (P) 1.4111; (R1) 1.4211; More… Focus stays on 1.4177 resistance in USD/CAD. Decisive break there will resume larger up trend. Next target is 1.4391 projection level. Rejection by 1.4177 will delay the bullish case and bring more consolidations. But outlook will continue to stay bullish as long as 1.3980 support holds. […]
Daily Pivots: (S1) 1.0689; (P) 1.0710; (R1) 1.0745; More… Range trading continues in EUR/USD and intraday bias stays neutral. On the upside, break of 1.0752 will resume the rebound from 1.0601. Sustained trading above 55 D EMA (now at 1.0769) will argue that fall from 1.0980 has completed. On the downside, though, break of 1.0648 […]
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