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EURUSD bounced up from the previous low.
EURUSD | H4 | ||
Resistance | 1.0852 | 1.0930 | 1.0973 |
Support | 1.0791 | 1.0747 | 1.0699 |
Primary Scenario | EURUSD bounced up from the previous low and is now heading towards the resistance at 1.0852. A successful penetration of this level will fuel the pair further towards the forthcoming resistance level at 1.0930. | ||
Alternative Scenario | A plunge of the market below the daily pivot (1.0838) will open the way down to 1.0791. |
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