Daily Pivots: (S1) 137.31; (P) 138.40; (R1) 139.53; More…. EUR/JPY’s fall from 144.26 extends lower and intraday bias remains on the downside. Sustained break of 137.83 support will raise the chance of rejection by 144.06 long term projection level and target 132.63 support. On the upside, above 139.78 minor resistance will turn intraday bias neutral […]
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An aggressive fiscal spending proposal by Germany has attracted bullish animal spirits into EUR/USD. A significant rally in the longer-end German Bund yields is likely to alter ECB monetary policy guidance towards a “less dovish Read more…