|Primary Scenario||EURUSD is currently trading below the daily pivot point at 1.1341. Any forceful movement downwards will push prices to retest the support at 1.1287. Further drop of the market will most likely lead the exchange rate underway towards the next support at 1.1241.|
|Alternative Scenario||A surge of the pair above the daily pivot will trigger the market to reach the resistance level at 1.1387.|
Source:: AUDUSD turned sharply bearish.