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EURUSD Weekly Analysis - August 10, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 August 2014 06:55 UTC
EURUSD remains in downtrend from 1.3993, and the fall extended to as low as 1.3332. Further decline could be expected, and next target would be at 1.3000 area. Resistance is at 1.3550, only break above this level will signal completion of the downtrend, then the following upward movement could bring price to 1.4500 area.

eurusd chart

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