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AUDUSD topped up at 0.8162.
| EURUSD | H4 | ||
| Resistance | 1.1455 | 1.1501 | 1.1559 |
| Support | 1.1352 | 1.1294 | 1.1248 |
| Primary Scenario | EURUSD is currently trading slightly above the daily pivot (1.1398). A leap of the rate to retest the hurdle at 1.1455 will most likely trigger the market to continue its rally towards the forthcoming resistance at 1.1501. | ||
| Alternative Scenario | A comeback of the currency pair will push the market to breach the daily pivot point and find support at 1.1352. | ||
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GBPUSD | H4 | |
| Resistance | 1.5816 | 1.5858 | 1.5902 |
| Support | 1.5730 | 1.5686 | 1.5644 |
| Primary Scenario | The pair is hovering the daily pivot point at 1.5772. If GBPUSD manages to withstand the sellers’ pressure, it will climb towards the resistance at 1.5816 and even higher at 1.5858. | ||
| Alternative Scenario | Should the market achieve to break below the daily pivot, the next support is seen at 1.5730. | ||
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USDCHF | H4 | |
| Resistance | 0.9171 | 0.9223 | 0.9270 |
| Support | 0.9073 | 0.9026 | 0.8974 |
| Primary Scenario | USDCHF is revolving the daily pivot at 0.9125. A bounce up from current levels will generate strength for the market to target the resistance levels at 0.9171 and 0.9223. | ||
| Alternative Scenario | Alternatively, a plunge of the exchange rate below the daily pivot will open the way down to 0.9073. | ||
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USDJPY | H4 |  |
| Resistance | 119.49 | 119.71 | 120.01 |
| Support | 119.13 | 118.88 | 118.49 |
| Primary Scenario | The pair failed to enter the Kumo and the bearish outlook is still in force. A decisive movement to the south will lead USDJPY to violate the support at 119.13, with immediate target the next support at 118.88. | ||
| Alternative Scenario | An upward wave would push the exchange rate to exceed the lower level of the cloud, targeting the resistance level at 119.72. | ||
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AUDUSD | H4 | |
| Resistance | 0.8139 | 0.8201 | 0.8239 |
| Support | 0.8039 | 0.8000 | 0.7939 |
| Primary Scenario | AUDUSD topped up at 0.8162, before closing below the daily pivot point at 0.8100. If the pair drops below the support level at 0.8039, it will find support at 0.8000 and then lower at 0.7939. | ||
| Alternative Scenario | A higher thrust of the exchange rate will bring the market into his initial course and the pair will attempt to penetrate the daily pivot. If that happens, the next resistance is seen at 0.8139. | ||
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Source:: AUDUSD topped up at 0.8162.
