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USDJPY is still rising.
EURUSD | H4 | ||
Resistance | 1.1177 | 1.1191 | 1.1204 |
Support | 1.1150 | 1.1137 | 1.1123 |
Primary Scenario | EURUSD is pivoting around the daily pivot point at 1.1164. A decisive movement to the south will trigger the market to retest and violate the barrier at 1.1150, targeting the forthcoming support levels at 1.1137 and 1.1123. | ||
Alternative Scenario | A successful attempt to penetrate the daily pivot will move prices higher towards the resistance level at 1.1177. |
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