EURUSD Daily Analysis – November 26, 2014

EURUSD failed to break below 1.3258 support and stayed in the trading range between 1.2358 and 1.2599. As long as 1.2599 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.2867, another fall to 1.2000 area could be expected after consolidation.

eurusd chart