EURUSD Weekly Analysis – January 3, 2016

EURUSD is in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Another rise 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