EURUSD Daily Analysis – January 15, 2020

EURUSD remains in the downtrend from 1.1239. As long as the price is in the bearish price channel on the 4-hour chart, the bounce from 1.1085 could be treated as consolidation for the downtrend, and further decline to 1.1000 area is still possible after the consolidation. However, a clear break above the channel resistance would … Continue reading “EURUSD Daily Analysis – January 15, 2020”