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USDJPY is still under pressure.
EURUSD | H4 | ||
Resistance | 1.1444 | 1.1490 | 1.1549 |
Support | 1.1339 | 1.1280 | 1.1234 |
Primary Scenario | EURUSD has experienced strong resistance in the zone above the daily pivot (1.1385). A successful attempt to surpass the hurdle at 1.1444 will fuel the pair further towards the forthcoming resistance at 1.1490. | ||
Alternative Scenario | A reversal back below the daily pivot point will pave the path down to 1.1339. |
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