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USDCHF is still under pressure.
EURUSD | H4 | ||
Resistance | 1.0778 | 1.0824 | 1.0886 |
Support | 1.0670 | 1.0608 | 1.0562 |
Primary Scenario | EURUSD has finally managed to surpass the daily pivot point at 1.0716. A bounce up from current levels will trigger the market to retest the hurdle at 1.0778 and even higher at 1.0824. | ||
Alternative Scenario | A plunge of the pair below the daily pivot will push prices to find support at 1.0670. |
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