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USDCHF has finally plunged below the daily pivot.
EURUSD | H4 | ||
Resistance | 1.0887 | 1.0915 | 1.0957 |
Support | 1.0817 | 1.0776 | 1.0748 |
Primary Scenario | EURUSD is now heading towards the hurdle at 1.0887. A successful penetration of this level will fuel the pair further, targeting the resistance at 1.0915 and even higher at 1.0957. | ||
Alternative Scenario | A comeback of the exchange rate would push prices to find support at the daily pivot (1.0845) and then lower at 1.0817 |
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