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EURUSD slumped in today’s session.
EURUSD | H4 | ||
Resistance | 1.1272 | 1.1436 | 1.1523 |
Support | 1.1021 | 1.0935 | 1.0770 |
Primary Scenario | EURUSD slumped in today’s session. If the pair manages to extend its downtrend, the next support is seen at 1.1021 and then lower at 1.0935. | ||
Alternative Scenario | A correction course of the currency pair will lift the market towards the daily pivot point at 1.1186 and even higher to 1.1272. RSI oscillator supports this outlook. |
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Source:: EURUSD slumped in today’s session.