EURUSD Weekly Analysis – January 24, 2016

EURUSD remains in uptrend from 1.0517, the price action from 1.1059 could be treated as correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.2000 area. Support levels are at 1.0700 and 1.0517, only break below these levels could trigger another fall towards 1.0000.

eurusd chart