Sunday 4 January 2015

EURUSD Daily Analysis - January 5, 2015 Forex Analysis

EURUSD's downward movement from 1.2569 extended to as low as 1.1861. Further decline could be expected after a minor consolidation, and next target would be at 1.1700 area. Resistance is at 1.2050, as long as this level holds, the downtrend will continue.



eurusd chart






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