EURUSD Weekly Analysis – January 10, 2016

No changed in our view, EURUSD remains in uptrend from 1.0517, the fall from 1.1059 is treated as correction of the uptrend. Another rise could be seen after correction, and next target would be at 1.2000 area. Support level are at 1.0700 and 1.0517, only break below these levels could trigger another fall towards 1.0000.

eurusd chart