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Aussie has tested the critical support level at 0.7310.
EURUSD | H4 | ||
Resistance | 1.1069 | 1.1119 | 1.1145 |
Support | 1.0994 | 1.0967 | 1.0918 |
Primary Scenario | EURUSD bounced up from the previous low and is now trading above the daily pivot point at 1.1043. If the pair manages to extend its correction, the next resistance is seen at 1.1069 and further up to 1.1119. | ||
Alternative Scenario | A tumble of the currency pair will push prices below the daily pivot, targeting the support level at 1.0994. |
The post Aussie has tested the critical support level at 0.7310. appeared first on Forex Circles.
Source:: Aussie has tested the critical support level at 0.7310.