Daily Pivots: (S1) 142.47; (P) 144.61; (R1) 146.01; More…. Intraday bias in EUR/JPY remains neutral at this point. Strong support from 55 day EMA (now at 143.53), and rebound from current level will retain near term bullishness. Break of 148.38 will resume larger rise to 149.76 long term resistance. However, sustained trading below 55 day […]
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RBA hikes cash rate to 4.1% in a 5:4 vote. Perceived capacity pressures and inflationary impacts of the Middle East conflict were key concerns. As was widely expected, the RBA Monetary Policy Board (MPB) raised Read more…
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