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AUDUSD is still under bears’ pressure.
EURUSD | H4 | ||
Resistance | 1.0921 | 1.1016 | 1.1086 |
Support | 1.0756 | 1.0685 | 1.0591 |
Primary Scenario | EURUSD has finally breached the daily pivot at 1.0850. A persistent trading below this level will push prices to find support at 1.0756 and further down to 1.0685. | ||
Alternative Scenario | Alternatively, should the pair manage to surpass the daily pivot, it will target the resistance at 1.0921. |
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