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AUDUSD: Reaching fresh highs.
EURUSD | H4 | ||
Resistance | 1.0938 | 1.0985 | 1.1044 |
Support | 1.0831 | 1.0772 | 1.0724 |
Primary Scenario | EURUSD topped at 1.0926, before close below the daily pivot at 1.0878. A sustained trading below this level will push prices to target the support at 1.0831 and then lower at 1.0772. | ||
Alternative Scenario | An upward wave would lead the currency pair to penetrate the daily pivot, with immediate target the resistance level at 1.0938. |
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