EurUsd: Failed to breach its major resistance area!
The EurUsd failed to cut through its major resistance area, which consists of its EMAs, Its 1.12239 resistance level and its Old trend in Orange. The latter represented a tough resistance that threw the EurUsd back to 1.11646.
Tuesday's doji suggests an inversion towards 1.11118, with 1.11431 as a primary objective. The parity is already halfway from 1.11118.
The major resistance area will be the objective of any inversion, should it occur, with 1.11907 as a primary level.
The daily Pivot Point is around 1.11981. The daily support levels are 1.11348 and 1.10941. The daily resistance levels are around 1.12388 and 1.13021.
Tuesday's doji suggests an inversion towards 1.11118, with 1.11431 as a primary objective. The parity is already halfway from 1.11118.
The major resistance area will be the objective of any inversion, should it occur, with 1.11907 as a primary level.
The daily Pivot Point is around 1.11981. The daily support levels are 1.11348 and 1.10941. The daily resistance levels are around 1.12388 and 1.13021.
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