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AUDUSD is oscillating around the daily pivot.
EURUSD | H4 | ||
Resistance | 1.1368 | 1.1410 | 1.1441 |
Support | 1.1295 | 1.1263 | 1.1221 |
Primary Scenario | EURUSD is trading slightly below the daily pivot point at 1.1336. A decisive movement downwards will push the pair to find support at 1.1295 and then lower at 1.1263. | ||
Alternative Scenario | A surge of the market above the daily pivot will lift the exchange rate towards the resistance at 1.1368. |
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