AUD/USD edged lower to 0.6642 last week but recovered since then. Initial bias stays neutral this week first. More consolidation would be seen and stronger recovery cannot be ruled out. But outlook will remain bearish as long as 0.6621 resistance holds. Break of 0.6642 will resume the decline from 0.6870 towards 0.6269 low. In the […]
Daily Pivots: (S1) 142.16; (P) 143.44; (R1) 144.81; More… A temporary low should be in place at 142.05 and intraday bias in USD/JPY is turned neutral at this point. Stronger recovery might be seen but outlook will stay bearish as long as 151.20 resistance holds. Below 142.05 will resume the fall form 158.86 to 139.57 […]
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