ACTIV8X

EURUSD testing the 1.11482 resistance level

FX:EURUSD   Euro/U.S. Dollar
32 0 0
Unless the EURUSD             maintains its bullish momentum, the parity is still poised to to head toward 1.0990. Keeping its upward struggle will lead the way towards 1.11823.

The current major trend is still bearish , and the EURUSD             may be very well taking a breath before another series of slides, with 1.11201 as a primary objective.

The EMAs and the bollinger middle band will represent support for the parity, breaking through them will lead to the test of the 1.1201 support.
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