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EURUSD is following a correction course.
EURUSD | H4 | ||
Resistance | 1.1064 | 1.1110 | 1.1179 |
Support | 1.0948 | 1.0878 | 1.0832 |
Primary Scenario | EURUSD is following a correction course, heading towards the support level at 1.0948. A drop below this level will push prices to find support at the forthcoming support level at 1.0878. | ||
Alternative Scenario | A higher thrust of the market will trigger the market to penetrate the daily pivot point at 1.0994, with immediate target the resistance at 1.1064. |
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