EURUSD Daily Analysis – February 10, 2017

EURUSD is testing 1.0620 support, as long as the pair is above this level, the fall from 1.0828 could be treated as consolidation of the uptrend from 1.0340 and further rise to 1.0900 area is still possible after consolidation. On the other side, a breakdown below 1.0620 support will indicate that the uptrend had completed at 1.0828 already, then the following downward movement could bring price to 1.0000 zone.

eurusd chart