Daily Pivots: (S1) 165.39; (P) 165.72; (R1) 166.04; More…. Intraday bias in EUR/JPY remains neutral as consolidations continue below 166.67. Further rally is expected as long as 164.25 minor support holds. Sustained break of 61.8% retracement of 175.41 to 154.40 at 167.38 will pave the way to retest 175.41 high. However, considering bearish divergence condition […]
Daily Pivots: (S1) 1.6272; (P) 1.6346; (R1) 1.6485; More.. Intraday bias in EUR/AUD is turned neutral with current recovery. But outlook remains bearish with 1.6478 resistance intact. Break of 1.6206 will resume larger decline from 1.7062. Next target is 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. In the bigger picture, fall from […]
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