Daily Pivots: (S1) 0.9479; (P) 0.9512; (R1) 0.9570; More… While EUR/CHF’s recovery from 0.9402 extended higher, it’s still capped by 0.9543 resistance. Intraday bias stays neutral and further decline remains in favor. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from […]
EUR/AUD’s correction from 1.7417 extended lower last week but was supported by 1.6900 support as expected so far. Initial bias remains neutral this week and further rise is expected. On the upside, above 1.7270 resistance will argue that the correction has completed, and bring retest of 1.7417. Firm break there will resume larger rise from […]
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