The information which you shared about minor consolidation was informative. Can you please provide me some more information about that. http://www.rytrading.com/
The bias remains negative after the recent failure at 119.20 resistance, for a slide towards 118.00, en route to 116.78. Key resistance on the upside is projected at 119.20.
My outlook here is positive above 1.5400 intraday support, for a break through 1.5500 resistance area, en route to 1.5620. Further target on the senior frames lies at 1.5820.
The uptrend has been renewed after yesterday's dip to 1.5400 and the outlook is positive, for a rise towards 1.5622. Initial intraday support lies at 1.5470.
The break through 1.1097 low signals a renewal of the general downtrend and the bias is negative below 1.1120 intraday resistance, for a tight test of 1.1000 sentiment zone. Crucial on the upside is 1.1240.
The general downtrend continues to be intact, heading towards 1.0490 mark. Initial intraday resistance lies at 1.0720 and crucial on the upside is 1.0907 high.
Yesterday's slide bottomed precisely at 1.0490 support and the bias here is already bullish, for a rise towards 1.0664 minor resistance, en route to 1.0820 hurdle. Initial intraday support lies at 1.0557.
The recent test of 1.5030 failed and the subsequent slide is facing a test of 1.4820 lows. My outlook is positive above 1.4820, for a rise towards 1.5030 area. Initial intraday resistance lies at 1.4900.
The outlook here is bearish after the recent break through 1.4820 lows, for a slide towards 1.4610 area. Initial resistance lies at 1.4840 and minor intraday support is projected at 1.4700.
The downtrend has been renewed after the recent failure at 1.4850 and the outlook is bearish, for a slide towards 1.4610. Initial resistance lies at 1.4800.
Yesterday's slide bottomed at 1.4630 and the following rebound reached a local high at 1.5170. Current intraday bias is negative below 1.4930 with an initial support at 1.4850, followed by 1.4775.
The recent rebound above 1.0610 shows a positive bias, for a continuation of the rise through 1.0906, en route to 1.1120 major hurdle. Initial intraday support is seen at 1.0737.
The bias is obviously bullish, for a continuation of the rise through 1.1040, en route to 1.1120 major resistance area. Intraday support lies at 1.0890, followed by the crucial one at 1.0737.
The recent test of 1.1040 resistance failed and the reversal below the mentioned resistance signals a risk of a dip to 1.0740 support, before renewal of the upmove.
Today's break through 119.30 signals a renewal of the downtrend, towards 118.22, en route to 117.60. Key resistance on the upside is projected at 119.30.
