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EURUSD is currently trading above the daily pivot point at 1.0778.
EURUSD | H4 | ||
Resistance | 1.0889 | 1.0956 | 1.1067 |
Support | 1.0712 | 1.0600 | 1.0534 |
Primary Scenario | EURUSD is currently trading above the daily pivot point at 1.0778. Any decisive movement to the north will lead the market to reach and surpass the hurdle at 1.0889 and then higher at 1.0956. | ||
Alternative Scenario | Should the pair manage to breach the daily pivot, it will find support at 1.0712. |
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Source:: EURUSD is currently trading above the daily pivot point at 1.0778.