Daily Pivots: (S1) 0.8616; (P) 0.8632; (R1) 0.8649; More… Intraday bias in USD/CHF stays on the upside at this point. Fall from 0.9223 should have completed at 0.8374, after defending 0.8332 low. Further rise should be seen to 61.8% retracement of 0.9223 to 0.8374 at 0.8899 next. For now, near term outlook will stay bullish […]
Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… EUR/USD’s rally from 1.0601 continues today and intraday bias stays on the upside. Next target is 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed already. On the downside, below 1.0833 minor support will turn intraday bias neutral first. But further […]
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