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Today’s surge push AUDUSD to clear key resistance levels.
Posted On 28 Jan 2015
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EURUSD | H4 | ||
Resistance | 1.1460 | 1.1540 | 1.1658 |
Support | 1.1261 | 1.1142 | 1.1062 |
Primary Scenario | The pair is still trading above the daily pivot (1.1341). A decisive movement upwards will fuel the market further towards the resistance level at 1.1460 and then higher at 1.1540. | ||
Alternative Scenario | Should EURUSD manage to breach the daily pivot, it will retest the support at 1.1261. |
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Source:: Today’s surge push AUDUSD to clear key resistance levels.