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AUDUSD is trading near the previous top.
EURUSD | H4 | ||
Resistance | 1.1179 | 1.1222 | 1.1277 |
Support | 1.1082 | 1.1028 | 1.0984 |
Primary Scenario | EURUSD is trading slightly above the daily pivot point (1.1125). A bounce up from current levels will most likely lead the market to retest the hurdle at 1.1179 and even higher at 1.1222. | ||
Alternative Scenario | A plunge of the market below the daily pivot will pave the path down to 1.1082. |
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