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USDJPY collapsed in today’s session.
EURUSD | H4 | ||
Resistance | 1.1307 | 1.1356 | 1.1415 |
Support | 1.1199 | 1.1140 | 1.1091 |
Primary Scenario | EURUSD is heading towards the resistance level at 1.1307. Should a breakout occur, the pair will attempt to reach the forthcoming level at 1.1356 and further up to 1.1415. | ||
Alternative Scenario | A plunge of the market below the daily pivot (1.1248) will push prices to find support at 1.1199. |
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Source:: USDJPY collapsed in today’s session.