USD/CHF edged higher to 0.8150 last week but quickly retreated. Initial bias remains neutral this week for more consolidations. Further rally is in favor a long as 0.8029 support holds. Above 0.8150 will target 100% projection 0.7603 to 0.8041 from 0.7600 at 0.8198 next. However, firm break of 0.8029 will turn bias back to the […]
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EUR/USD extended the consolidations pattern above 1.1323 last week and outlook is unchanged. Initial bias remains neutral this week, and with 1.1499 support turned resistance intact, further decline is expected. On the downside, break of Read more…
USD/JPY is still bounded in consolidations pattern from 162.83. Initial bias remains neutral this week first. Another fall cannot be ruled out as the consolidations extends, but downside should be contained by 38.2% retracement of Read more…