AUD/USD’s rally contained last week and hit as high as 0.6936. Initial bias is on the upside this week. Firm break of 0.6941 will pave the way to 100% projection of 0.6348 to 0.6823 from 0.6621 at 0.7096. On the downside, below 0.6817 support will turn intraday bias neutral first. In the bigger picture, overall, […]
Apr 12, 2024
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.0697; (P) 1.0727; (R1) 1.0755; More… Intraday bias in EUR/USD stays on the downside for the moment. Decisive break of 1.0694/0723 support zone will resume whole fall from 1.1138. Next target is 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. On the upside, above 1.0766 minor resistance will turn intraday […]
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