Daily Pivots: (S1) 0.8541; (P) 0.8562; (R1) 0.8595; More… Intraday bias in USD/CHF stays neutral at this point. More consolidations could be seen below 0.8606 temporary top. But further rally is in favor as long as 0.8499 minor support holds. Above 0.8606 will target 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there […]
GBP/JPY’s rise from 180.00 resumed last week but formed a temporary top at 198.41. Initial bias remains neutral this week for consolidations first. Further rally is expected as long as 193.69 support holds. On the upside, sustained trading above 61.8% retracement of 208.09 to 180.00 at 197.35 will target 208.09 high next. In the bigger […]
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