EUR/CHF’s fall from 0.9660 resumed last week and dived to as low as 0.9361. Initial bias stays on the downside this week for 0.9331 structural support. Firm break there will indicate that whole rally from 0.9204 has completed as a three-wave correction, after rejection by channel resistance. Deeper decline would be seen to retest 0.9204 […]
Daily Pivots: (S1) 0.6215; (P) 0.6244; (R1) 0.6300; More… Intraday bias in AUD/USD is turned neutral first with current recovery. But outlook is unchanged that corrective rebound from 0.6087 should have completed at 0.6407, ahead of 38.2% retracement of 0.6941 to 0.6087 at 0.6413. On the downside, below 0.6186 will resume the fall from 0.6407 […]
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