We start first week of new year with bearish appetite in euro dolar pair .. Price formed a box as seen on the above chart .. Shortly before noon pair quite strongly, as at the beginning of the week, began to the descent on south defeating already more than a hundred pips ...I think that the next support on which we stop for a longer time will be around 1,075 - 23.6 fibonaci - in short-term downtrend ... The upcoming week is dominant in data readings from the US market, and here I think we should see the current sensitivity pairs ... On a side note I wish all traders green year 2016 !!
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