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AUDUSD bottomed at 0.7246, before retracing above the daily pivot.
EURUSD | H4 | ||
Resistance | 1.1361 | 1.1418 | 1.1458 |
Support | 1.1265 | 1.1225 | 1.1168 |
Primary Scenario | EURUSD has finally breached the daily pivot point at 1.1322. If the pair manages to extend its momentum, the next support is seen at 1.1265 and even lower at 1.1225. | ||
Alternative Scenario | A higher thrust of the currency pair above the daily pivot will lift the exchange rate towards 1.1361. |
The post AUDUSD bottomed at 0.7246, before retracing above the daily pivot. appeared first on FXTM Blog.
Source:: AUDUSD bottomed at 0.7246, before retracing above the daily pivot.