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GBPUSD collapsed in today’s session.
EURUSD | H4 | ||
Resistance | 1.1342 | 1.1390 | 1.1443 |
Support | 1.1241 | 1.1188 | 1.1140 |
Primary Scenario | EURUSD plunged into fresh lows. Should the pair achieve to extend its downtrend, the next support is seen at 1.0908 and then lower at 1.0822. | ||
Alternative Scenario | An upward wave would lead the pair towards 1.1024. RSI oscillator is trading at 24. |
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