ACTIV8X

EurUsd: on its way to 1.12988?

FX:EURUSD   Euro / U.S. Dollar
The EurUsd             failed to breakout the channel, yesterday, closing in a grave stone. A bearish candle at the closing will render the grave stone valid. The EurUsd             will head to the bottom of the channel, with 1.12988 as a primary objective, should the parity breach 1.13234

The Parity will rally to 1.1477, should it breakout 1.13597, with 1.14307 as a primary objective. Which means breaking out the channel.

The daily Pivot Point is around 1.13686. The daily support levels are around 1.13414 and 1.13254. The daily resistance levels 1.13846 and 1.14118.

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