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USDJPY propelled to this month top at 113.72.
EURUSD | H4 | ||
Resistance | 1.1224 | 1.1255 | 1.1291 |
Support | 1.1157 | 1.1121 | 1.1090 |
Primary Scenario | After reaching the hurdle at 1.1219, the strength of EURUSD faded and returned slightly below the daily pivot at 1.1188. Any purposeful movement to the south will push prices to find support at 1.1157 and then lower at 1.1121. | ||
Alternative Scenario | A surge of the pair above the daily pivot will lead the exchange rate to retest the resistance at 1.1224. |
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