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AUDUSD has recovered from the previous low.
EURUSD | H4 | ||
Resistance | 1.1238 | 1.1320 | 1.1427 |
Support | 1.1049 | 1.0942 | 1.0860 |
Primary Scenario | EURUSD is now testing the daily pivot point at 1.1131. A bounce up from current levels will trigger the market to reach the resistance level at 1.1238 and further up to 1.1320. | ||
Alternative Scenario | Should the pair manage to breach the daily pivot, the next support is seen at 1.1049. |
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