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AUDUSD pumelled in today’s session.
EURUSD | H4 | ||
Resistance | 1.1469 | 1.1535 | 1.1577 |
Support | 1.1362 | 1.1319 | 1.1254 |
Primary Scenario | EURUSD is still negotiating below the daily pivot point at 1.1427. If the bears manage to take control of the bulls, the market will attempt to hit the support level at 1.1362 and then lower at 1.1319. | ||
Alternative Scenario | An upward wave would lift the currency pair above the daily pivot, targeting the resistance level at 1.1469. |
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Source:: AUDUSD pumelled in today’s session.