Daily Pivots: (S1) 0.8564; (P) 0.8574; (R1) 0.8589; More…. Intraday bias in EUR/GBP remains on the downside for the moment. As noted before, rebound from 0.8491 should have completed as a corrective move at 0.8764. Deeper fall should be seen to retest 0.8491 low first. Firm break there will resume larger down trend. On the […]
Daily Pivots: (S1) 1.2980; (P) 1.3094; (R1) 1.3215; More… A temporary top is formed at 1.3206 with current retreat and intraday bias is turned neutral first. Downside of retreat should be contained above 1.2878 support to bring another rally. Break of 1.3206 will resume the rise from 1.2099 to 61.8% projection of 1.2248 to 1.3013 […]
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