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USDCHF is now heading towards the support level at 0.9888.
EURUSD | H4 | ||
Resistance | 1.0918 | 1.0946 | 1.0990 |
Support | 1.0846 | 1.0801 | 1.0774 |
Primary Scenario | EURUSD is now testing the hurdle in line at 1.0918. If the pair manages to withstand the sellers’ pressure, it will exceed this level, with immediate target the resistance level at 1.0946 and then higher at 1.0990. | ||
Alternative Scenario | A comeback of the currency pair will push prices to find support at the daily pivot point at 1.0873 and further down to 1.0846. |
The post USDCHF is now heading towards the support level at 0.9888. appeared first on FXTM Blog.
Source:: USDCHF is now heading towards the support level at 0.9888.