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USDCHF surged in a multi-month high.
EURUSD | H4 | ||
Resistance | 1.1072 | 1.1099 | 1.1121 |
Support | 1.1024 | 1.1002 | 1.0976 |
Primary Scenario | EURUSD is now testing the support level at 1.1024. A downward momentum would push the pair to find support at 1.1002 and further down to 1.0976. | ||
Alternative Scenario | A higher thrust of the currency pair to penetrate the daily pivot at 1.1051 will lead the market towards the hurdle in line at 1.1072. |
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Source:: USDCHF surged in a multi-month high.