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AUDUSD is oscillating around the daily pivot.
EURUSD | H4 | ||
Resistance | 1.1400 | 1.1430 | 1.1452 |
Support | 1.1349 | 1.1328 | 1.1298 |
Primary Scenario | EURUSD is gyrating the daily pivot point (1.1379). A bounce up from current level will trigger the market to retest the hurdle at 1.1400 and even higher at 1.1430. | ||
Alternative Scenario | A comeback of the currency pair below the daily pivot will open the way down to 1.1349. |
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