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USDCHF recovered from the correction phase.
Posted On 23 Feb 2015
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EURUSD | H4 | ||
Resistance | 1.1445 | 1.1511 | 1.1594 |
Support | 1.1296 | 1.1213 | 1.1147 |
Primary Scenario | EURUSD is revolving around the daily pivot at 1.1362. A decisive movement to the north will generate strength for the market to target the forthcoming resistances at 1.1445 and 1.1511. | ||
Alternative Scenario | A setback of the pair will lead the rate to breach the daily pivot with immediate target the support level at 1.1296. |
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