Previous Story
USDCHF is now poised to surpass the hurdle at 1.0099.
EURUSD | H4 | ||
Resistance | 1.0819 | 1.0868 | 1.0921 |
Support | 1.0716 | 1.0663 | 1.0613 |
Primary Scenario | EURUSD has tested the key support level slightly above 1.0663, before closing above the support level at 1.0716. Any forceful attempt to breach this support will push the pair to find support at 1.0663 and further down to 1.0613. | ||
Alternative Scenario | On the other hand, a successful penetration of the daily pivot (1.0766) will lift the exchange rate towards the resistance at 1.0819. |
The post USDCHF is now poised to surpass the hurdle at 1.0099. appeared first on FXTM Blog.
Source:: USDCHF is now poised to surpass the hurdle at 1.0099.