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EURUSD slumped yesterday.
EURUSD | H4 | ||
Resistance | 1.0998 | 1.1122 | 1.1194 |
Support | 1.0802 | 1.0731 | 1.0607 |
Primary Scenario | EURUSD slumped yesterday, below the daily pivot point at 1.0927. A deeper correction will lead the pair lower to retest the support level at 1.0802 and further down to 1.0731. | ||
Alternative Scenario | Should the pair manage to exceed the daily pivot, it will target the resistance level at 1.0998. |
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Source:: EURUSD slumped yesterday.