ACTIV8X

EurUsd: Where will the bearish market end?

FX:EURUSD   Euro Fx/U.S. Dollar
48 0 0
The EurUsd             is still far from getting out of the bearish market, which was triggered by the pursuit of the ECB's monetary easing and Open market strategies about few weeks ago. Last Friday's Jobs report made things worse for bulls.

The current trend remains bearish with 1.05933 as an objective, and 1.0694 as a primary objective. It will have 1.07909 as a resistance level .

The daily Pivot Point is around 1.07406. The daily support levels are around 1.07074 and 1.06726. The daily resistance levels are around 1.07754 and 1.08086.
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