Daily Pivots: (S1) 1.1108; (P) 1.1141; (R1) 1.1183; More…. A temporary top is in place in EUR/USD with 4H MACD crossed below signal line. Intraday bias is turned neutral for consolidations first. But further rally is expected as long as 1.1046 resistance turned support holds. Above 1.1173 will target 161.8% projection of 1.0665 to 1.0947 […]
Daily Pivots: (S1) 194.76; (P) 196.15; (R1) 197.19; More… Breach of 194.04 support argues that GBP/JPY’s rise from 188.07 might have completed at 198.94 already. Intraday bias is back on the downside for 188.07 support. Firm break there will argue that corrective pattern from 180.00 has already completed. Nevertheless, above 198.94 will target 199.79 resistance […]
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