March 20, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.0845 | 1.1034 | 1.1151 |
| Support | 1.0539 | 1.0423 | 1.0234 |
| Primary Scenario | EURUSD is negotiating below the daily pivot at 1.0729. Any forceful movement to the south will lead the market to retest the support level at 1.0539. | ||
| Alternative Scenario | On the other hand, an upward momentum will lift the pair above the daily pivot. The next resistance is seen at 1.0845. | ||
 | GBPUSD | H4 | |
| Resistance | 1.4946 | 1.5138 | 1.5267 |
| Support | 1.4624 | 1.4495 | 1.4303 |
| Primary Scenario | The pair is moving sideways. A plunge of the market will push prices to find support at 1.4624 and even lower at 1.4495. | ||
| Alternative Scenario | Alternatively, a surge of GBPUSD above the daily pivot (1.4816) may trigger the market to reach the resistance level at 1.4946. | ||
 | USDCHF | H4 |  |
| Resistance | 0.9997 | 1.0096 | 1.0210 |
| Support | 0.9784 | 0.9670 | 0.9571 |
| Primary Scenario | USDCHF is gyrating the daily pivot point at 0.9883. An upward wave would push the pair to retest the forthcoming resistance at 0.9997 and then lower at 1.0096. | ||
| Alternative Scenario | A comeback of the exchange rate will open the way down to the support level at 0.9784. | ||
 | USDJPY | H4 | |
| Resistance | 120.69 | 121.23 | 121.66 |
| Support | 120.41 | 120.05 | 119.29 |
| Primary Scenario | The pair is now testing the resistance level at 120.68. A failed attempt to penetrate this level will most likely push prices to reverse and reach the support levels at 120.41 and 120.05. | ||
| Alternative Scenario | Should the pair achieve to exceed the hurdle at 120.68, it will climb towards the upper level of the cloud at 121.23. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7766 | 0.7885 | 0.7963 |
| Support | 0.7569 | 0.7491 | 0.7372 |
| Primary Scenario | AUDUSD has just surpassed the daily pivot at 0.7688. If the pair manages to extend its momentum it will target the resistance levels at 0.7766 and 0.7885. | ||
| Alternative Scenario | A break back below the daily pivot will lead the pair to hit the support level at 0.7569. | ||
Article by ForexTime
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