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EURUSD bottomed at 1.0886.
EURUSD | H4 | ||
Resistance | 1.0982 | 1.1033 | 1.1078 |
Support | 1.0886 | 1.0841 | 1.0790 |
Primary Scenario | EURUSD bottomed at 1.0886, before retracing above the daily pivot point at 1.0937. If the pair manages to withstand the sellers’ pressure, it will climb towards the resistance levels at 1.0982 and 1.1033. | ||
Alternative Scenario | Should the pair achieve to break below the daily pivot, it will retest the support level at 1.0886. |
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Source:: EURUSD bottomed at 1.0886.