EURUSD Daily Analysis – January 13, 2014

EURUSD broke above 1.3655 resistance, indicating that the downtrend from 1.3892 had completed at 1.3548 already. Further rally would likely be seen in a couple of days, and next target would be at 1.3750 area. Support levels are at 1.3600 and 1.3548, only break below these levels could trigger another fall to 1.3400 zone.

eurusd chart