EURUSD 4h Support/Resistance Analysis

24 apr 2021

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.