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Jan 2, 2020 7:34 AM

EURUSD Jan 02 Short

Euro Fx/U.S. DollarFXCM

Description

Euro's rally to a fresh 4-1/2 month peak at 1.1239 on Tuesday on usd's continued weakness suggests upmove from October's 2019 trough at 1.0880 remains in progress and further gain to 1.1260 would be seen, however, loss of upward momentum would keep price below 1.1285 and yield a much-needed correction early next week.
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