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AUDUSD: Today’s surge push the market higher.
EURUSD | H4 | ||
Resistance | 1.1249 | 1.1314 | 1.1405 |
Support | 1.1093 | 1.1001 | 1.0936 |
Primary Scenario | EURUSD is now heading towards the barrier at 1.1249. If the pair manages to withhold the sellers’ pressure, it will exceed this level, with immediate target the resistance level at 1.1314. | ||
Alternative Scenario | Alternatively, a comeback of the market will push prices to find support at the daily pivot (1.1157). |
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