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USDJPY overpassed the Kumo, again.
EURUSD | H4 | ||
Resistance | 1.1238 | 1.1301 | 1.1342 |
Support | 1.1134 | 1.1093 | 1.1030 |
Primary Scenario | EURUSD is now poised to retest the support level at 1.1134. If the pair manages to violate this level, it will open the way down to 1.1093 and even lower to 1.1030. | ||
Alternative Scenario | A higher thrust of the market will lead the exchange rate to hit the daily pivot point at 1.1197 and then higher at 1.1238. |
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Source:: USDJPY overpassed the Kumo, again.