|Primary Scenario||EURUSD is oscillating around the daily pivot point at 1.1194. A decisive movement to the north will lead the pair to retest the hurdle at 1.1228. A successful attempt to surpass this level will most likely trigger the market to hit the forthcoming resistance at 1.1274.|
|Alternative Scenario||A plunge of the market below the daily pivot will push prices to find support at 1.1148.|
Source:: USDJPY: Correction course.