Daily Pivots: (S1) 0.9944; (P) 0.9986; (R1) 1.0042; More… EUR/USD’s break of 1.0078 resistance suggests short term bottoming at 0.9863, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside 55 day EMA (now at 1.0170). Sustained break there will raise the chance of larger reversal, and target 1.0368 resistance. […]
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