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USDCHF has discovered fresh highs.
EURUSD | H4 | ||
Resistance | 1.0630 | 1.0668 | 1.0700 |
Support | 1.0561 | 1.0530 | 1.0492 |
Primary Scenario | EURUSD is trading below the daily pivot point (1.0599). Should the pair manages to violate the key support level at 1.0561, it will drop further towards the support level at 1.0530. | ||
Alternative Scenario | An upward wave would lift the exchange rate above the daily pivot, with immediate target the resistance level at 1.0630. |
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Source:: USDCHF has discovered fresh highs.