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AUDUSD intends to extend its correction.
EURUSD | H4 | ||
Resistance | 1.1168 | 1.1224 | 1.1269 |
Support | 1.1066 | 1.1022 | 1.0965 |
Primary Scenario | EURUSD is pivoting around the daily pivot at 1.1123. A decisive thrust of the hurdle at 1.1168 will fuel the pair higher to hit the resistance level at 1.1224. | ||
Alternative Scenario | On the other hand, a drop of the market below the daily pivot will push prices to find support at 1.1066. |
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