A technical look at the EURUSD for the week starting Jan 16th
What levels are in play in the EURUSD next week.
The EURUSD closed the week about 120 pips higher. The low bottomed near the low from 2015 at 1.0462. That was a good bottom for buyers. The topside was contained by retracement resistance. Although bullish for the week, there is some work to do to convince the market that this is nothing bur a correction higher.
Find out what levels will help determine if the upside can be explored further in this weekend video.