Daily Pivots: (S1) 161.25; (P) 162.09; (R1) 162.82; More…. EUR/JPY is staying in consolidation below 163.86 and intraday bias remains neutral. On the upside, break of 163.86 will resume the rise from 154.40 and target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the […]
Daily Pivots: (S1) 1.2659; (P) 1.2683; (R1) 1.2716; More… GBP/USD is holding below 1.2708 resistance despite current rebound. Intraday bias stays neutral first. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will […]
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