EURUSD broke the major resistance and moved up more than 150 pips.

The following data is important and indicates that investors are worried and looking for a downside protection against long EUR/USD positions.

The data for the EUR/USD Feb expiry options published by the CME show:

Open interest in the put options increased by 402 contracts on Friday. 1.2250 strike put added 347 contracts. Meanwhile, the open interest in calls fell by 161 contracts.

Technical Levels:

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EURUSD-H4

Source: http://www.fxters.com/eurusd-forecast-technical-analysis-01-15-2018/

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