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EURUSD topped up at 1.1615, before closing below the daily pivot.
EURUSD | H4 | ||
Resistance | 1.1575 | 1.1655 | 1.1696 |
Support | 1.1455 | 1.1414 | 1.1334 |
Primary Scenario | EURUSD topped up at 1.1615, before closing below the daily pivot at 1.1535. A deeper correction of the market will pave the path down to 1.1455 and then lower at 1.1414. | ||
Alternative Scenario | An upward wave would lead the exchange rate to retest the daily pivot point. |
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Source:: EURUSD topped up at 1.1615, before closing below the daily pivot.