ACTIV8X

EurUsd : Another doji Pattern...

FX:EURUSD   Euro Fx/U.S. Dollar
The EurUsd             ended its fourth consecutive bullish session. The parity is still caught up in the area consisted of its daily EMAs, its Bollinger middle band and the 1.12375 resistance level. Yesterday's doji suggests that the bulls' buying pressure was strong at those levels ( 1.11745 and 1.11425).

The EurUsd             was trading around 1.12063 at the opening, below its 1.12098 daily Pivot Point level. The daily support levels are around 1.12053 and 1.11983. The daily resistance levels are around 1.12168 and 1.12213.

Breaching 1.12375 will lead to a rally towards 1.1317, while breaching 1.1142 will lead to slide towards 1.10183

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