June 22, 2016
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.1313 | 1.1385 | 1.1421 |
| Support | 1.1206 | 1.1169 | 1.1098 |
| Primary Scenario | EURUSD turned back sharply in the previous session. Further drop of the market will push the pair to retest the key support at 1.1206 and even lower at 1.1169. | ||
| Alternative Scenario | A surge of the exchange rate above the daily pivot (1.1277) will lift the currency pair towards 1.1313. | ||
 | GBPUSD | H4 |  |
| Resistance | 1.4747 | 1.4847 | 1.4913 |
| Support | 1.4580 | 1.4515 | 1.4414 |
| Primary Scenario | The pair is gyrating the daily pivot point at 1.4681. A decisive movement to the north will most likely lead GBPUSD to retest the hurdle in line at 1.4747. A successful penetration of this level will pave the path towards 1.4847. | ||
| Alternative Scenario | Alternatively, a reversal back below the daily pivot will push prices to hit the support at 1.4580. | ||
 | USDCHF | H4 | |
| Resistance | 0.9638 | 0.9656 | 0.9689 |
| Support | 0.9586 | 0.9553 | 0.9534 |
| Primary Scenario | USDCHF is oscillating around the daily pivot point at 0.9604. If the pair manages to withhold the sellers’ pressure, it will climb towards the resistance levels at 0.9638 and 0.9656. | ||
| Alternative Scenario | A comeback of the market below the daily pivot will open the way down to 0.9586. | ||
 | USDJPY | H4 | |
| Resistance | 104.61 | 105.04 | 105.75 |
| Support | 104.33 | 103.55 | 103.02 |
| Primary Scenario | The trend has been overall neutral between 103.55 and 105.04. Any forceful attempt to violate the support at 104.33 will target the previous low at 103.55 | ||
| Alternative Scenario | On the other hand, an upward wave would fuel the pair above the barrier at 104.61, targeting the resistance at 105.04. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7492 | 0.7535 | 0.7558 |
| Support | 0.7425 | 0.7402 | 0.7359 |
| Primary Scenario | AUDUSD edged up at 0.7478, before retracing below the daily pivot (0.7468). A deeper correction of the market will lead the pair to find support at 0.7425 and further down to 0.7402. | ||
| Alternative Scenario | A higher thrust of the market above the daily pivot will push the exchange rate towards 0.7492. | ||
Article by ForexTime
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