EURUSD 4h Support/Resistance Analysis

3 areas of support as well as fairly strong resistance for EURUSD this next week.

  • If EURUSD breaches the 1.21 key level then we will be looking for a retest before placing a market buy.
  • If EURUSD rejects the 1.21 key level then we will be looking for more bullish/bearish confirmation on the direct of the market.
  • If EURUSD (unlikely) drops below the 1.195 key level then we will be looking for a retest before placing a market sell.
Trend Analysis

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