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GBPUSD erased its gains.
EURUSD | H4 | ||
Resistance | 1.0708 | 1.0771 | 1.0806 |
Support | 1.0610 | 1.0576 | 1.0513 |
Primary Scenario | EURUSD is now testing the key support level at 1.0610. A break back below this level will most likely push prices to find support at 1.0576 and even lower at 1.0513. | ||
Alternative Scenario | A bounce up from current levels will lift the exchange rate towards the daily pivot point at 1.0674. |
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Source:: GBPUSD erased its gains.