Daily Pivots: (S1) 0.8370; (P) 0.8412; (R1) 0.8490; More…. Intraday bias in USD/CHF is turned neutral with current recovery, and some consolidations would be seen above 0.8332 temporary low. Outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection of 0.9111 […]
EUR/JPY’s rise from 164.01 extended by breaking through 169.38 resistance last week. This rally is seen as the second leg of the corrective pattern from 171.58. Initial bias remains on the upside for 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62, and then 171.58 high. On the downside, break of 169.05 minor support […]
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