Thursday 22 January 2015

EURUSD Daily Analysis - January 23, 2015 Forex Analysis

EURUSD broke below 1.1459 previous low support, and continued its downward movement from 1.2569, and the fall extended to as low as 1.1316. Further decline could be expected, and next target would be at 1.1000 area. Near term resistance is at the downward trend line on 4-hour chart, and the key resistance is at 1.1679, only break above this level could signal completion of the downtrend.



eurusd chart






For more short term forex analysis and info visit via EURUSD Daily Analysis - January 23, 2015 . Thanks for your support.

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