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EURUSD: The trend has been overall been neutral.
EURUSD | H4 | ||
Resistance | 1.1412 | 1.1449 | 1.1470 |
Support | 1.1353 | 1.1333 | 1.1295 |
Primary Scenario | The trend has been overall been neutral. Any purposeful movement to the south will push EURUSD to find support at 1.1353. A break back below this level will pave the path down to 1.333. | ||
Alternative Scenario | A surge of the pair above the daily pivot point at 1.1391 will lift the exchange rate towards 1.1412. |
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