FX.co ★ Trader's diary on EUR/USD for January 3, 2020

The market's mood is changing against the euro. The EUR/USD rate has declined significantly for the second day in a row.

The growth of euro is questionable.

There are no big reasons for selling euros. The market is still very narrow, as the main players will come to the market after the weekend, making the current fall to end up being a normal correction.

On the decline, there is a serious support at the 1.1100-1.1120 zone.

If euro falls to 1.1080 and fixes there, the growth trend will be cancelled.

Keep buying from 1.1035.

If it falls to 1.1065, there will be a turnover.