November 27, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.0623 | 1.0638 | 1.0650 |
| Support | 1.0596 | 1.0584 | 1.0569 |
| Primary Scenario | EURUSD is negotiating on the daily pivot at 1.0611. Any purposeful movement to the south will push prices to retest the support level at 1.0596 and even lower at 1.0584. | ||
| Alternative Scenario | A surge of the market above the daily pivot will lift the currency pair to hit the hurdle at 1.0623. | ||
 | GBPUSD | H4 | |
| Resistance | 1.5130 | 1.5162 | 1.5195 |
| Support | 1.5066 | 1.5033 | 1.5001 |
| Primary Scenario | The pair is pivoting around the daily pivot point at 1.5097. If GBPUSD manages to breach the key level at 1.5066, the next support is seen at 1.5033. | ||
| Alternative Scenario | Alternatively, an upward wave would fuel the pair above the daily pivot, with immediate target the resistance at 1.5130. | ||
 | USDCHF | H4 |  |
| Resistance | 1.0257 | 1.0279 | 1.0306 |
| Support | 1.0207 | 1.0180 | 1.0158 |
| Primary Scenario | USDCHF is now poised to retest the hurdle at 1.0257. If the pair achieves to withhold the sellers’ pressure, it will exceed this level, targeting the forthcoming resistance at 1.0279. | ||
| Alternative Scenario | A reversal back below the daily pivot (1.0230) will lead the pair to find support at 1.0207. | ||
 | USDJPY | H4 | |
| Resistance | 122.74 | 122.97 | 123.25 |
| Support | 122.25 | 121.91 | 121.61 |
| Primary Scenario | The pair is heading towards the support level at 122.25. A break back below this level will open the way down to 121.91 and further lower to 121.61. | ||
| Alternative Scenario | On the other hand, a higher thrust of the exchange rate would trigger USDJPY to hit the resistance levels at 122.74 and 122.97. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7252 | 0.7282 | 0.7303 |
| Support | 0.7200 | 0.7179 | 0.7149 |
| Primary Scenario | AUDUSD is revolving the daily pivot (0.7231). A decisive movement downwards will pave the path towards the support level at 0.7200 and then lower at 0.7179. | ||
| Alternative Scenario. | Should the pair manage to surpass the daily pivot, it will target the resistance level at 0.7252. | ||
Article by ForexTime
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