Last week, the EurUsd
closed with a bearish pattern
around its EMA10. The daily trend is bearish
, as the parity is seeking to find its monthly trend line
in Orange. The parity will be heading towards 1.12740, with 1.12889 as a primary objective. The primary objective will be easily reached, should the EurUsd
breaks out its 1.13234, support level
market will be rejected should the EurUsd
breaks out its daily resistance level
around 1.14108, which breaking out will send it back towards 1.14481, having 1.14307 as a primary objective.
The daily Pivot Point
is around 1.13588. The daily support levels are around 1.13230 and 1.12985. The daily resistance levels are around 1.13833 and 1.14191.