Daily Pivots: (S1) 1.0929; (P) 1.0958; (R1) 1.0980; More… EUR/USD is still bounded in range trading and intraday bias remains neutral. Further fall is in favor as long as 1.0997 minor resistance intact. Break of 1.0876 will resume the fall from 1.1138 to 1.0722 support next. Nevertheless, firm break of 1.0997 will turn bias back […]
Daily Pivots: (S1) 1.2137; (P) 1.2193; (R1) 1.2226; More… GBP/USD recovered today but stays well below 1.2486 support turned resistance. Intraday bias remains neutral and outlook is unchanged. More consolidations would be seen and stronger recovery cannot be ruled out. But outlook will remain bearish as long as 1.2486 support turned resistance holds. On the […]
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