Daily Pivots: (S1) 161.23; (P) 161.86; (R1) 162.41; More… Intraday bias in EUR/JPY is back on the downside with break of 160.94 minor support. Deeper decline would be seen to 159.74 support and below. But overall, price actions from 154.40 are seen as a corrective pattern, which might still extend further. In the bigger picture, […]
Daily Pivots: (S1) 1.2768; (P) 1.2797; (R1) 1.2815; More… GBP/USD is staying in consolidation below 1.2845 temporary top and intraday bias remains neutral. Further rally is expected as long as 55 4H EMA (now at 1.2748) holds. Firm break of 1.2859 will resume the rally from 1.2298 and target 61.8% projection of 1.2298 to 1.2859 […]
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