AUD/USD’s fall from 0.7237 continued and intraday bias stays on the downside. Sustained trading below 38.2% retracement of 0.6864 to 0.7237 at 0.7095 will target 61.8% retracement at 0.7006. On the upside, above 0.7139 minor resistance will turn intraday bias neutral again first. In the bigger picture, price action from 0.7277 medium term top is […]
The post AUD/USD Daily Report appeared first on ActionForex.
Immediate focus is now on 0.8551 support in EUR/GBP with today’s decline. Firm break there will indicate that corrective rebound from 0.8453 has completed at 0.8611. Deeper fall should then be seen to retest this Read more…
EUR/AUD’s break of 1.6258 support confirms short term bottom at 1.6072. Intraday bias is back on the upside for 1.6444 resistance first. Firm break there will target 1.6617 key structural resistance next. On the downside, Read more…
EUR/CHF is still bounded in range below 0.9478 and intraday bias stays neutral. In case of another fall, downside should be contained by 38.2% retracement of 0.9094 to 0.9478 at 0.9331 to bring rebound. On Read more…