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USDCHF has reached a fresh top.
EURUSD | H4 | ||
Resistance | 1.0887 | 1.0908 | 1.0942 |
Support | 1.0832 | 1.0797 | 1.0776 |
Primary Scenario | EURUSD is trading slightly above the daily pivot at 1.0852. A decisive movement to the north will trigger the market to to retest the hurdle at 1.0887 and even higher at 1.0908. | ||
Alternative Scenario | A plunge of the exchange rate below the daily pivot will push prices to find support at 1.0832. |
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