EURUSD Daily Analysis – December 6, 2016

EURUSD broke above 1.0689 resistance, indicating that the downtrend from 1.1299 is complete. Further rally could be expected in a couple of days, and next target would be at 1.0900 area. Support is at 1.0600, only break below this level could trigger another fall towards 1.0300.

eurusd chart