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Daily Pivots: (S1) 1.3391; (P) 1.3451; (R1) 1.3501; More… Outlook in GBP/USD remains unchanged and intraday bias stays neutral for the moment. On the upside, firm break of 1.3535 resistance will suggest that pullback from 1.3725 has completed, and bring stronger rally to 1.3725/87 key resistance zone. On the downside, though, break of 1.3322 will […]
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Daily Pivots: (S1) 0.7953; (P) 0.7977; (R1) 0.8002; More… Intraday bias in USD/CHF remains neutral as sideway trading continues. On the upside, sustained trading above 55 D EMA (now at 0.8011) will suggest that rise from 0.7828 is already correcting whole fall from 0.9200. Further rise should the be seen to 0.8170 resistance and possibly […]
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Daily Pivots: (S1) 146.73; (P) 147.13; (R1) 147.65; More… Intraday bias in USD/JPY stays neutral at this point. For now, price actions from 150.90 are still seen as a corrective pattern. On the upside, above 148.12 minor resistance will bring stronger rally to 149.95 first. Firm break there should resume larger rally from 139.87 through […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
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