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USDCHF bounced up from the previous bottom.
EURUSD | H4 | ||
Resistance | 1.1238 | 1.1319 | 1.1424 |
Support | 1.1052 | 1.0948 | 1.0867 |
Primary Scenario | EURUSD is trading slightly above the daily pivot point at 1.1134. An upward wave would trigger the market to retest the hurdle in line at 1.1238 and target higher the resistance level at 1.1319. | ||
Alternative Scenario | Should the pair manage to breach below the daily pivot, it will find support at 1.1052. |
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