The overall bias is still negative after the recent failure at 1.0800 resistance, for a slide towards 1.0612 area. Crucial on the upside remains 1.0950 high.
Current rise through 1.0800 resistance zone signals a positive bias, for a rise towards 1.0950, en route to 1.1050. Initial intraday support lies at 1.0800 and crucial on the downside is 1.0712 low.
The bias is positive and the outlook remains bullish, for a rise towards 1.1050. Initial minor support lies at 1.0850, followed by the crucial zone around 1.0800.
Friday's break through 119.40 area signals, that the negative bias is intact and the pair is heading for a tight test of 118.20 support zone. Initial intraday resistance comes at 119.40.
My outlook here is bullish, for a break throughh 1.4870, which should initiaite another test of 1.4990 resistance zone. Initial intraday support lies at 1.4800.
A reversal has been confirmed at 120.83 high and the outlook here is already negative, for a break through 119.40, en route to 118.20 support zone. Minor intraday resistance lies at 120.50.
Although the intraday bias is negative after the recent peak below 1.0750, the overall outlook remains bullish above 1.0620, for a rise towards 1.0800 area. Crucial on the downside is 1.0570 low.
The overall outlook remains bullish, for a break through the recent high at 1.0817, en route to 1.0910 resistance area. Crucial on the downside is 1.0620.
A reversal has been confirmed above 1.0650 and the intraday bias is already positive above 1.0710 support, for a rise towards 1.0850, en route to 1.0910.
The uptrend is completely intact, heading towards 1.5500 major resistance. Initial intraday support comes at 1.5340, followed by the crucial low at 1.5270.
The uptrend is absolutely intact after yesterday's break through the key 1.1050 area, heading towards 1.1490 resistance zone. Initial intraday resistance lies at 1.1263 and crucial on the downside is 1.1070 low.
