Wednesday 4 January 2017

EURUSD Daily Analysis - January 5, 2017 Forex Analysis

After touching 1.0352 support, EURUSD rebounded to 1.0500 zone, indicating that lengthier consolidation for the downtrend from 1.1299 (Nov 9, 2016 high) is needed. Further rally could be expected and the target would be at 1.0650 area.

eurusd chart


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