Daily Pivots: (S1) 1.0387; (P) 1.0415; (R1) 1.0449; More… EUR/USD recovers slightly but stays in range below 1.0531. Intraday bias remains neutral for the moment. Outlook is unchanged for now. On the downside, break of 1.0371 support will indicate rejection by 38.2% retracement of 1.1213 to 1.0176 at 1.0572 and retain near term bearishness. Retest […]
Daily Pivots: (S1) 1.3621; (P) 1.3648; (R1) 1.3682; More… Intraday bias in USD/CAD remains neutral for the moment. Strong bounce from current level will confirm support by 55 D EMA (now at 1.3628). Break of 1.3689 minor resistance will argue that correction from 1.3845 has completed, and bring stronger rally to 1.3761 resistance. However, sustained […]
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