No change in EUR/USD’s outlook as range trading continues. Intraday bias remains neutral. Further fall is in favor with 1.1276 resistance intact. Below 1.1111 will extend larger fall from 1.2081 to 1.0904 fibonacci level. However, considering bullish divergence condition in 4H MACD, firm break of 1.1276 will indicate short term bottoming, and bring stronger rebound […]
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USD/JPY breached 156.36 support but quickly recovered. Intraday bias remains neutral first. On the downside, firm break of firm break of 156.36 will argue that rebound from 152.87 has completed after failing to sustain above Read more…