Intraday bias in USD/CHF stays neutral as range trading continues. Further rally is expected as long as 0.8029 support holds. Firm break of 0.8205 will extend the rally from 0.7603 to 161.8% projection 0.7603 to 0.8041 from 0.7600 at 0.8469. However, decisive break of 0.8029 will bring deeper fall to channel support (now at 0.7912). […]
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Intraday bias in EUR/USD remains neutral at this point. Above 1.1580 will extend the rebound from 1.1323 to 1.1621 cluster resistance (38.2% retracement of 1.2081 to 1.1323 at 1.1613). Decisive break there will solidify the Read more…