Daily Pivots: (S1) 1.3713; (P) 1.3747; (R1) 1.3766; More… Range trading continues in USD/CAD and intraday bias stays neutral. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 support holds. Break of 1.3790 will target a retest on 1.3845 first. Nevertheless, break of 1.3662 will turn bias to […]
Daily Pivots: (S1) 1.2789; (P) 1.2959; (R1) 1.3066; More… Intraday bias in GBP/USD remains on the downside for the moment. Fall from 1.3206 short term top should extend to 38.2% retracement of 1.2099 to 1.3206 at 1.2783. Decisive break there will target 61.8% retracement at 1.2522. On the upside, above 1.2961 minor resistance will turn […]
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