ACTIV8X

EurUsd: Breaching the major resistance area...

FX:EURUSD   Euro Fx/U.S. Dollar
150 0 1
The EurUsd             was striving to cut through the Major resistance area, consisting of its EMAs, its 1.12239 resistance level, and its Old trend in Orange. It succeeded in crossing most of the obstacles in this area, and seems to be heading towards its new trend in Blue, which is only possible if it breaches its Old trend in orange. Succeeding in cutting through the Major resistance area will send it up towards 1.13373, with 1.12785 as a primary objective.

Breaching 1.12107, will send it back to 1.11619, with 1.11863 as a primary objective.

The daily Pivot Point is around 1.12129. The daily support levels are around 1.11780 and 1.11118. The daily resistance levels are around 1.12791 and 1. 1314             .

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