The EUR/USD started this week with an attack of the 1.34 level but failed to clear it after tagging 1.3403. It then fell to 1.3255 and found support, consolidated a little, and then rallied again to test the 1.34 resistance. It held during the 1/18 Asian-European session. As we wind down the week with the 1/18 US session, we see the EUR/USD in a larger general consolidation zone between the 1.3245 support (from Jan.10), and the 1.3403 resistance (from Jan.14).
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