Daily Pivots: (S1) 0.9654; (P) 0.9664; (R1) 0.9686; More…. Intraday bias in EUR/CHF remains on the downside at this point. Break of 38.2% retracement of 0.9476 to 0.9772 at 0.9659 will extend the fall from 0.9772 to 61.8% retracement at 0.9589 and possibly below. On the upside, above 0.9772 will resume the rally from 0.9476 […]
Daily Pivots: (S1) 1.0901; (P) 1.0978; (R1) 1.1019; More… EUR/USD’s break of 1.0929 minor support confirms short term topping at 1.1138, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for 1.0772 support. Sustained break there will argue that whole rise from 1.0447 has completed, and break deeper fall back […]
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