GBP/JPY stayed in range above 206.85 last week and outlook is unchanged. Initial bias stays neutral this week first. While another fall cannot be ruled out, strong support should be seen from 206.10 fibonacci level to bring rebound. Considering bullish divergence condition in 4H MACD, firm break of 211.25 resistance should indicate short term bottoming. […]
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AUD/USD stayed in consolidations above 0.6903 last week and outlook is unchanged. Initial bias stays neutral this week first. While stronger recovery cannot be ruled out, further decline is expected as long as 0.7038 resistance Read more…
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