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USDJPY lost its momentum.
EURUSD | H4 | ||
Resistance | 1.0955 | 1.1025 | 1.1102 |
Support | 1.0807 | 1.0730 | 1.0660 |
Primary Scenario | EURUSD is gyrating the daily pivot point at 1.0877. A decisive momentum to the south will push prices to find support at 1.0807 and further down to 1.0730. | ||
Alternative Scenario | An upward wave would lead the market to exceed the daily pivot, targeting the resistance level at 1.0955. |
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Source:: USDJPY lost its momentum.