End of day analysis for the EURUSD 17-01-2020

The EURUSD pair continues to decline to approach our waited target at 1.1065, noting that it is important to monitor the price when reaching this level, as breaking it will extend the bearish wave to reach 1.0985 as a next negative station, while holding against the current bearish wave represents the key to resume the main bullish trend that moves organized inside the main bullish channel that appears on the chart.