Daily Pivots: (S1) 163.45; (P) 166.06; (R1) 168.06; More… EUR/JPY’s fall from 171.58 resumed and dipped to 164.04 but quickly recovered. Further fall is now in favor as long as 168.64 resistance holds, as a correction to rise from 153.15. Sustained break of 55 D EMA (now at 163.94) will target 61.8% retracement of 153.15 […]
Daily Pivots: (S1) 1.0787; (P) 1.0824; (R1) 1.0852; More… No change in EUR/USD’s outlook and intraday bias stays mildly on the downside. Correction from 1.0953 short term top would extend to 38.2% retracement of 1.0358 to 1.0953 at 1.0726. Strong support should be seen there to bring rebound. On the upside, break of 1.0953 will […]
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