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USDJPY turned sharply bearish in today’s session.
EURUSD | H4 | ||
Resistance | 1.1174 | 1.1197 | 1.1236 |
Support | 1.1113 | 1.1074 | 1.1051 |
Primary Scenario | EURUSD is gyrating the daily pivot point at 1.1136. Any forceful attempt to violate the support level at 1.1113 will push prices to find support at 1.1074. | ||
Alternative Scenario | A higher thrust of the exchange rate will lift the market above the daily pivot and then higher at 1.1174. |
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