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USDJPY: Bullish sentiment.
EURUSD | H4 | ||
Resistance | 1.0911 | 1.1008 | 1.1062 |
Support | 1.0760 | 1.0706 | 1.0609 |
Primary Scenario | EURUSD is still trading below the daily pivot point (1.0857). A decisive movement to the south will lead the market to retest the support level at 1.0760 and even lower at 1.0706. | ||
Alternative Scenario | If the pair manages to exceed the daily pivot, it will target the resistance level at 1.0911. |
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