Decisive break of 0. Initial bias stays neutral this week first. Another fall is expected as long as 0. In the long term picture, rise from 0. It could be resuming long term up trend from 0. Break of 0. Further fall is mildly in favor with 0. Sustained break of 0. Intraday bias will be back on the downside for 0. Nevertheless, firm break of 0. Initial bias is neutral this week first. On the downside, decisive break of 0. In this case, further fall should be seen to this support to extend the pattern from 0.
On the upside, though, break of 0. Focus is now on 0. Decisive break will confirm completion of corrective rise from 0. Further fall should be seen to this support to extend the pattern from 0. Deeper fall cannot be ruled out as corrective fall from 0. On the upside, break of 0. Intraday bias will be turned back to the upside for retesting 0.
While the cross quickly recovered, upside is limited well below 0. Initial bias remains neutral this week and outlook is unchanged. Deeper fall cannot be ruled out but strong support should be seen above 0. Corrective pattern from 0.
Our commodities, indices and forex pivot points are displayed in three types: Classical, Camarilla, and Woodie's, and are calculated using the Open, High, Low, and Close OHLC prices for the previous period. Refer to the hourly, daily, monthly and weekly pivot points to find likely support and resistance levels and boost the consistency of your trading.
Learn more about utilising pivot points with our guide to trading the pivot. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.
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