Daily Pivots: (S1) 157.99; (P) 158.27; (R1) 158.64; More… Intraday bias in USD/JPY is turned neutral first with current retreat. But further rally will remain in favor as long as 156.01 support holds. Break of 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 will extend the rally from 139.57 to retest 161.94 high. […]
May 21, 2024
EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.6233; (P) 1.6264; (R1) 1.6314; More… Intraday bias in EUR/AUD is turned neutral as it recovered after brief dip to 1.6211. Further decline remains in favor as long as 1.6381 resistance holds. Break of 1.6211 will resume larger corrective decline from 1.7062 to 1.6127 support, or further to 100% projection of 1.7062 […]
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