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USDCHF recovered from its correction phase.
EURUSD | H4 | ||
Resistance | 1.0706 | 1.0789 | 1.0895 |
Support | 1.0517 | 1.0411 | 1.0328 |
Primary Scenario | EURUSD is trading slightly below the daily pivot point at 1.0600. A decisive movement downwards will open the way down to 1.0517 and then lower at 1.0411. | ||
Alternative Scenario | An upward wave would lead the pair above the daily pivot and the resistance level at 1.0706. |
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