Daily Pivots: (S1) 148.63; (P) 149.97; (R1) 150.83; More… Intraday bias in USD/JPY is turned neutral again as it quickly reversed after recovering to 151.29. Overall outlook is unchanged that the decline from 158.86 is seen as the third leg of the corrective pattern from 161.94 high. On the downside, below 148.55 will resume the […]
May 28, 2024
EUR/CHF Daily Outlook
Daily Pivots: (S1) 0.9915; (P) 0.9922; (R1) 0.9930; More…. EUR/CHF’s rally is still in progress and intraday bias stays on the upside. Current rise from 0.9252 should target 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9880 minor support will turn […]
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