EURUSD Pivot Levels for 08/02/2015

Major Pivot:

The 1.0960 area has been used as resistance on the 31st of July, and then as support on the same day.

 
Minor Pivots:

I consider both of these levels - 1.1040 and 1.1068 - to be minor pivot areas, as they are mostly visible only on the 5-minute charts. The charts show that both of these areas were clearly respected by the market! If you trade the lower time frames, make sure to watch for trading opportunities off these levels, I know I will be!!! :)



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