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ACTIV8X
Sep 15, 2015 12:43 AM

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

Euro Fx/U.S. DollarFXCM

Description

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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