ACTIV8X

EurUsd: Preparing for an inversion after a long bullish streak?

FX:EURUSD   Euro Fx/U.S. Dollar
The EurUsd             closed yesterday in the red after a long bullish streak. The current pattern suggests a downtrend with 1.12375 as an objective. If breaches 1.13730 it will head to 1.13942. Breaching 1.1284 will lead it back to 1.12375.

The parity's daily Pivot Point is around 1.13243. Its daily support levels are around 1.12755 and 1.12353. Its daily resistance levels are around 1.13645 and 1.14133.


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