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EUR/USD Technical analysis

Close 1.0673                                           High 1.0676                                           Low 1.0635

The euro started 2016 with a break below the psychological level at 1.10. The price tested the 12-year low at 1.10465. In case of a break below this level, next support will be reached at 1.0240 and 1.0090 - bottom of 07.2002. In the case that the direction of movement is reversed, more stable

Resistances can be expected at 1.1180, 1.1490 and 1.1760.