EURUSD Weekly Analysis – January 19, 2020

EURUSD is facing the key support level at 1.1066, a breakdown below would confirm that the upside movement from 1.0981 had completed at 1.1239 already, then another fall towards 1.0800 could be seen. On the upside, as long as 1.1066 support holds, the pullback from 1.1239 would possibly be consolidation for the uptrend from 1.0879, cone more rise towards 1.1350 is still possible after the consolidation.

EURUSD daily chart