Chart of The Day $EURUSD 1-19-2017

On the EURUSD H4 chart, we can see that the pair is in the wedge. Minor wedge has been broken down, and 1.0680 is now a strong upside resistance. On the downside break below 1.0570 would open 1.0400 near-term floor.

Happy trading! (click on the chart to enlarge it)


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