Previous Story
EURUSD surged above the key resistance at 1.1380.
EURUSD | H4 | ||
Resistance | 1.1380 | 1.1409 | 1.1451 |
Support | 1.1308 | 1.1266 | 1.1236 |
Primary Scenario | EURUSD surged above the key resistance at 1.1380. If the pair manages to extend its momentum, it will target the next level at 1.1409 and even higher at 1.1451. | ||
Alternative Scenario | A comeback of the exchange rate below the now-support at 1.1380 will lead the market to find support at the daily pivot point (1.1337). |
The post EURUSD surged above the key resistance at 1.1380. appeared first on FXTM Blog.