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The USDJPY pair pounded in today’s session.
EURUSD | H4 | ||
Resistance | 1.1362 | 1.1406 | 1.1452 |
Support | 1.1272 | 1.1226 | 1.1183 |
Primary Scenario | EURUSD is now testing the area below the key resistance at 1.1362. Should the pair manage to seize the opportunity and surpass this level, the next resistance is seen at 1.1406. | ||
Alternative Scenario | A reversal back below the daily pivot (1.1316) will open the way down to 1.1272. |
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