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Daily Pivots: (S1) 162.27; (P) 163.01; (R1) 164.02; More… Intraday bias in EUR/JPY remains neutral and outlook is unchanged. On the upside, firm break of 164.16 will resume whole rise from 154.77. Next target will be 100% projection of 154.77 to 164.16 from 158.27 at 167.66. However, break of 158.27 will bring deeper fall back […]
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Daily Pivots: (S1) 0.9340; (P) 0.9389; (R1) 0.9415; More…. Intraday bias in EUR/CHF remains neutral for the moment. Rebound from 0.9218 is either a corrective move, or the third leg of the pattern from 0.9204. Break of 0.9445 will resume the rebound towards 0.9660 resistance. However, on the downside, break of 0.9336 will bring retest […]
The post EUR/CHF Daily Outlook appeared first on Action Forex.
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Higher than expected figures although they haven’t influenced much interest rates expectations for the ECB, which is expected to cut by another 25 bps in June.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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