ACTIV8X

EurUsd: Blueprints 6.

FX:EURUSD   Euro / U.S. Dollar
There is a Diamond Top on the EurUsd             , which is a very bearish figure. The Parity has succeeded to break it out, as it was unable to breakout the 1.09418 resistance level , which would have allowed it to seek 1.10686, its rejection level. The pattern shows a bearish market, with 1.05598 as an objective, and 1.06972 as a primary objective.

The daily Pivot Point is around 1.08821. The daily support levels are around 1.08180 and 1.07172. The daily resistance levels are around 1.09829 and 1.10470.

SL: 109429
PL: 1.05606

The FXE             , which has always given accurate hints about the EURUSD's trend, is also showing strong bearish signs as a H&S can be noticed on the Chart.

snapshot
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