June 13, 2016
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.1298 | 1.1347 | 1.1374 |
| Support | 1.1222 | 1.1195 | 1.1146 |
| Primary Scenario | EURUSD is following a downtrend. If the pair manages to extend its momentum, the next support is seen at 1.1222 and then lower at 1.1195. | ||
| Alternative Scenario | A reversal back above the daily pivot (1.1271) will fuel the pair towards 1.1298. | ||
 | GBPUSD | H4 | |
| Resistance | 1.4420 | 1.4592 | 1.4713 |
| Support | 1.4127 | 1.4006 | 1.3834 |
| Primary Scenario | The pair is heading towards the support level at 1.4127. A break back below this level will push prices to find support at 1.4006. | ||
| Alternative Scenario | On the other hand, an upward wave would lift GBPUSD to hit the daily pivot point at 1.4299. RSI supports this scenario. | ||
 | USDCHF | H4 |  |
| Resistance | 0.9659 | 0.9678 | 0.9700 |
| Support | 0.9618 | 0.9596 | 0.9577 |
| Primary Scenario | USDCHF has experienced strong resistance below the barrier at 0.9659. A successful attempt to penetrate this level will trigger the market to the forthcoming resistance at 0.9678. | ||
| Alternative Scenario | A comeback of the currency pair below the daily pivot (0.9637) will pave the path down to 0.9618. | ||
 | USDJPY | H4 | |
| Resistance | 105.97 | 106.44 | 106.86 |
| Support | 105.83 | 105.51 | 105.13 |
| Primary Scenario | The USDJPY pair is now testing the key support at 105.83. A successful violation of this level would lead the exchange rate down to 105.51 and even lower at 105.13. | ||
| Alternative Scenario | Alternatively, a higher thrust of the currency pair above the hurdle at 105.97 would fuel the market towards 106.44. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7417 | 0.7460 | 0.7484 |
| Support | 0.7349 | 0.7325 | 0.7282 |
| Primary Scenario | AUDUSD is negotiating below the daily pivot point (0.7393). Should a breakout occur below the key support at 0.7349, the next support is estimated at 0.7325. | ||
| Alternative Scenario | A successful attempt to exceed the daily pivot will lead the pair to retest the hurdle in line at 0.7417. | ||
Article by ForexTime
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