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USDJPY surged into fresh highs.
EURUSD | H4 | ||
Resistance | 1.1099 | 1.1157 | 1.1226 |
Support | 1.0971 | 1.0902 | 1.0843 |
Primary Scenario | EURUSD is now testing the hurdle at 1.1099. A successful attempt to penetrate this level will most likely fuel the pair further towards the resistance levels at 1.1157 and 1.1226. | ||
Alternative Scenario | A reversal back below the daily pivot point (1.1029) will push the market down to 1.0971. |
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Source:: USDJPY surged into fresh highs.