EUR/AUD’s break of 1.6072 support last week indicates resumption of whole down trend from 1.8554. Initial bias stays on the downside this week for 61.8% projection of 1.6617 to 1.6072 from 1.6334 at 1.597. Firm break there will target 100% projection at 1.5789. On the upside, above 1.6119 minor resistance will turn bias neutral and […]
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EUR/GBP fell to as low as 0.8446 last week but recovered since then. Initial bias remains neutral this week for consolidations. Further fall is expected as long as 0.8492 resistance holds. Firm break of 61.8% Read more…
EUR/CHF’s recovery was limited below 0.9371 support turned resistance last week, and stayed in sideway trading. Initial bias remains neutral this week and further decline is mildly in favor. On the downside, break of 0.9258 Read more…
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