Market picture The start of the new year has not been easy for the crypto market. Losing over 2% in 24 hours to $3.22 trillion, the market was back at the bottom of the consolidation range since the end of November. The promising start to the year failed to materialise. It is with some trepidation […]
The post Crypto Market Struggles: Testing the Lower Bound Again appeared first on Action Forex.
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Daily Pivots: (S1) 156.98; (P) 157.94; (R1) 158.64; More… No change in USD/JPY’s outlook and intraday bias stays neutral at this point. Further rally is in favor as long as 156.0 support holds. ON the Read more…
Daily Pivots: (S1) 0.9120; (P) 0.9154; (R1) 0.9200; More… USD/CHF’s rally from 0.8374 is still in progress for 0.9223 key resistance. Decisive break there will carry larger bullish implications. For now, near term outlook will Read more…