EURUSD Mid-day Analysis 26 Jan 2018

Upside Prevails

Our Pivot:1.2363

Our Preference: Buy above 1.2437 with strict stop loss of 1.2363 and target at 1.2536 and 1.2580.

Alternate Scenario: Downward penetration of 1.2363 will call for 1.2274.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances