Daily Pivots: (S1) 171.98; (P) 172.45; (R1) 173.15; More… Intraday bias in EUR/JPY remains neutral for the moment. Consolidations from 173.21 could still extend with another falling leg. But overall, with 170.78 support intact, further rally is expected. On the upside, break of 173.21 will target 138.2% projection of 154.77 to 164.16 from 161.06 at […]
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European currencies are showing subdued dynamics, entering a consolidation phase following their previous advance. Earlier, EUR/USD and GBP/USD broke out of their ranges and strengthened; however, the subsequent correction has led both pairs to retest Read more…
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