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USDJPY failed to enter the Kumo.
EURUSD | H4 | ||
Resistance | 1.0790 | 1.0846 | 1.0911 |
Support | 1.0669 | 1.0603 | 1.0547 |
Primary Scenario | EURUSD is now poised to retest the hurdle at 1.0790. A successful attempt to penetrate this level will most likely push the most liquid pair to target the forthcoming resistance at 1.0846. | ||
Alternative Scenario | A comeback of the exchange rate will push prices to violate the daily pivot (1.0724) and then lower at 1.0669. |
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Source:: USDJPY failed to enter the Kumo.