EURUSD Weekly Analysis – February 21, 2016

EURUSD remains in uptrend from 1.0517, the fall from 1.1376 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.2000 area. Support levels are at 1.1000 and 1.0700, only break below these levels could trigger another fall towards 1.0000.

eurusd chart