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USDJPY is flirting with a new bearish sentiment.
EURUSD | H4 | ||
Resistance | 1.1098 | 1.1137 | 1.1175 |
Support | 1.1021 | 1.0982 | 1.0943 |
Primary Scenario | The strength of EURUSD faded. If the bulls achieve to take control of the bears, the market will gain momentum to retest the hurdle at 1.1098 and even higher at 1.1137. | ||
Alternative Scenario | Should the pair manage to breach the daily pivot (1.1059), it will find support at 1.1021. |
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