EUR/CHF surged to as high as 0.9634 last week but faced strong resistance from long term falling channel and retreated. Initial bias stays neutral this week first and some more consolidations could be seen. Further rally will be expected as long as 55 4H EMA (now at 0.9467) holds. On the upside, above 0.9634, and […]
Daily Pivots: (S1) 1.4327; (P) 1.4361; (R1) 1.4424; More… Intraday bias in in USD/CAD remains neutral at this point. Overall, corrective pattern from 1.4791 is still extending. On the upside, break of 1.4400 will argue that it’s still in the second leg. Intraday bias will be turned back to the upside fro 1.4541 resistance first, […]
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