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EURUSD is now testing the key support level at 1.1073.
EURUSD | H4 | ||
Resistance | 1.1164 | 1.1221 | 1.1258 |
Support | 1.1073 | 1.1040 | 1.0982 |
Primary Scenario | EURUSD is now testing the key support level at 1.1073. If the pair manages to break this level it will lead the exchange rate underway towards the forthcoming support level at 1.1040 and even lower to 1.0982. | ||
Alternative Scenario | A bounce up from current levels will lift the pair above the daily pivot (1.1130), targeting the resistance level at 1.1164. |
The post EURUSD is now testing the key support level at 1.1073. appeared first on Forex Circles.
Source:: EURUSD is now testing the key support level at 1.1073.