EURUSD Weekly Analysis – December 20, 2015

EURUSD is now in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Further rally could be expected after correction, and next target would be at 1.2000 area. Support levels are at 1.0740 and 1.0517, only break below these levels could trigger another fall towards 1.0000.

eurusd chart