EURUSD Weekly Analysis – December 27, 2015

EURUSD remains in uptrend from 1.0517, the pullback from 1.0159 could be treated as consolidation of the uptrend. Near term support is at 1.0740, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. Key support is at 1.0517, only break below this level could trigger another fall towards 1.0000.

eurusd chart