Previous Story
USDCHF has experienced strong resistance.
EURUSD | H4 | ||
Resistance | 1.1298 | 1.1347 | 1.1374 |
Support | 1.1222 | 1.1195 | 1.1146 |
Primary Scenario | EURUSD is following a downtrend. If the pair manages to extend its momentum, the next support is seen at 1.1222 and then lower at 1.1195. | ||
Alternative Scenario | A reversal back above the daily pivot (1.1271) will fuel the pair towards 1.1298. |
The post USDCHF has experienced strong resistance. appeared first on FXTM Blog.