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AUDUSD is heading towards the support level at 0.7188.
EURUSD | H4 | ||
Resistance | 1.1282 | 1.1349 | 1.1383 |
Support | 1.1180 | 1.1146 | 1.1079 |
Primary Scenario | EURUSD plunged in the previous session. If the pair manages to extend its downtrend, the next support is seen at 1.1180 and further down to 1.1146. | ||
Alternative Scenario | A correction course of the currency pair will lead the market to hit the daily pivot (1.1248) and then higher at 1.1282. RSI supports this outlook. |
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Source:: AUDUSD is heading towards the support level at 0.7188.