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GBPUSD is now testing the key support level at 1.4416.
EURUSD | H4 | ||
Resistance | 1.1317 | 1.1367 | 1.1397 |
Support | 1.1236 | 1.1205 | 1.1155 |
Primary Scenario | EURUSD topped up at 1.1316, before closing below the daily pivot point (1.1286). Further correction of the market will push prices to find support at 1.1236 and even lower at 1.1205. | ||
Alternative Scenario | A surge of the market above the daily pivot will lift the exchange rate towards 1.1317. |
The post GBPUSD is now testing the key support level at 1.4416. appeared first on FXTM Blog.
Source:: GBPUSD is now testing the key support level at 1.4416.