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USDJPY plunged today into a fresh low.
Posted On 16 Dec 2014
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EURUSD | H4 | ||
Resistance | 1.2470 | 1.2506 | 1.2534 |
Support | 1.2406 | 1.2378 | 1.2342 |
Primary Scenario | EURUSD is pivoting around the daily pivot at 1.2442. Should the pair manage to exceed the barrier at 1.2470, it will target the forthcoming resistance at 1.2506. | ||
Alternative Scenario | A comeback of the market, will push prices below the daily pivot and even lower at 1.2406. |
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