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AUDUSD is heading towards 0.7341.
EURUSD | H4 | ||
Resistance | 1.0889 | 1.0912 | 1.0945 |
Support | 1.0834 | 1.0802 | 1.0779 |
Primary Scenario | EURUSD is gyrating the daily pivot point at 1.0857. An upward wave would lift the exchange rate towards the hurdle at 1.0889 and then higher at 1.0912. | ||
Alternative Scenario | A comeback of the currency pair below the daily pivot will lead the market down to 1.0834. |
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Source:: AUDUSD is heading towards 0.7341.