ACTIV8X

EURUSD testing the 1.11482 resistance level

FX:EURUSD   Euro Fx/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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