Daily Pivots: (S1) 0.9059; (P) 0.9083; (R1) 0.9122; More… Intraday bias in USD/CHF remains neutral and consolidation from 0.9200 could extend further. But overall outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break of […]
Jun 12, 2024
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.0715; (P) 1.0745; (R1) 1.0769; More…. EUR/USD’s strong rebound and break of 55 4H EMA (now at 1.0812) argues that pull back form 1.0915 has completed at 1.0718. Intraday bias is back on the upside for 1.0915 resistance first. Firm break there will resume whole rise from 1.0601. On the downside, break […]
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