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GBPUSD opened with a gap in today’s session.
EURUSD | H4 | ||
Resistance | 1.1305 | 1.1337 | 1.1379 |
Support | 1.1231 | 1.1189 | 1.1157 |
Primary Scenario | EURUSD cleared the resistance levels at 1.1305 and 1.1337. If the pair manages to extend its momentum and surpass the hurdle at 1.1379, it will climb towards the next target at 1.1414. | ||
Alternative Scenario | A correction course of the market would lead the currency pair to find support at 1.1337. |
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