Previous Story
EURUSD edged up at 1.0920, before retracing below the daily pivot.
EURUSD | H4 | ||
Resistance | 1.0920 | 1.0950 | 1.0986 |
Support | 1.0854 | 1.0819 | 1.0788 |
Primary Scenario | EURUSD edged up at 1.0920, before retracing below the daily pivot at 1.0885. A sustained trading below this level will push prices towards the support level at 1.0854 and then lower at 1.0819. | ||
Alternative Scenario | A surge of the market above the daily pivot point will trigger the currency pair to retest the hurdle at 1.0920. |
The post EURUSD edged up at 1.0920, before retracing below the daily pivot. appeared first on FXTM Blog.
Source:: EURUSD edged up at 1.0920, before retracing below the daily pivot.