Daily Pivots: (S1) 1.6561; (P) 1.6618; (R1) 1.6652; More… EUR/AUD is still extending the consolidation pattern below 1.6800 and intraday bias stays neutral. Strong support is still expected from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to contain downside. On the upside, firm break of 1.6800 will resume the rally from 1.5963. However, sustained […]
Daily Pivots: (S1) 1.3011; (P) 1.3041; (R1) 1.3083; More… Intraday bias in GBP/USD remains neutral as consolidations continue above 1.2973. . On the upside, firm break of 1.3102 resistance will argue that pullback from 1.3433 has completed, and turn bias back to the upside for stronger rebound. On the downside, however, sustained break of 1.3000 […]
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