EURUSD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:45 UTC
After consolidation, EURUSD continued its upward movement from 1.0517, and the rise extended to as high as 1.1248. Further rise could be expected, and next target would be at 1.2000 area. Support is at 1.0700, only break below this level could signal completion of the uptrend.

eurusd chart

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