EURUSD has hit the bottom on january 3rd. It was all time low and dollar was testing below all time low for 4 weeks in december. Since the new year euro started to consolidate and last 3 weeks has been gaining over 400 pips. Now after new president of the United States is in office, market will be probably reacting on some new fundaments that may be happening during his political moves. So level of uncertainty is now pretty high.
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