Since early December 2015 the Euro has try to break resistance @ 1.09735. It will be the 7th x the euro has tried to break this level and rally higher.

EURUSD 20th Jan 2016 4hr

Bear will be waiting here to once again to push this currency pair lower. Blue arrows mark the resistance level it is a 38.2 fib level from  the high on 24th August 15  to the low of 30th November 2015.

EURUSD 20th Jan 2016 4hr x2

Pick your bias and wait for price to more in your direction an d then enter your trade.

good luck with your trading

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