Daily Pivots: (S1) 1.1593; (P) 1.1631; (R1) 1.1697; More… Intraday bias in EUR/USD stays on the upside at this point. As noted before, correction from 1.1829 should have completed with three waves down to 1.1390. Further rally should be seen to retest 1.1788/1820 resistance zone. On the downside, however, break of 1.1526 minor support will […]
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European currencies are showing subdued dynamics, entering a consolidation phase following their previous advance. Earlier, EUR/USD and GBP/USD broke out of their ranges and strengthened; however, the subsequent correction has led both pairs to retest Read more…
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