#AAresearchFX #EURUSD TECHNICAL ANALYSIS: #EURUSD YTD DOWNTREND

Euro / U.S. Dollar FOREXCOM:EURUSD
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TREND ANALYSIS;

EURUSD inevitably drops back in Year-to-Date (YTD) downtrend range, from a weekly high of 1.345 price level.
Net sellers remain trend dictators for EURUSD as bearish rally may continue through out coming weeks.
US dollar remains above 50% Fibonacci retracement level at 96.00 price index on the weekly time frame.The US dollar is currently priced at 97.40 index, at time of report.

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