Daily Pivots: (S1) 158.31; (P) 159.16; (R1) 160.44; More… Intraday bias in EUR/JPY stays neutral at this point. While recovery from 156.16 could extend higher, outlook will stay bearish as long as 55 D EMA (now at 161.83) holds. On the downside, below 157.85 minor support will bring retest of 156.16 first. Break there will […]
Daily Pivots: (S1) 0.8496; (P) 0.8519; (R1) 0.8536; More…. Intraday bias in EURGBP remains neutral and some more sideway consolidations could be seen. Further decline is expected as long as 55 D EMA (now at 0.8553) holds. Decisive break of 0.8491/7 will resume larger down trend to 0.8376 projection level next. However, sustained break of […]
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