[WindsorBrokers]

EURUSD

The Euro consolidates within 1.0868/1.0982 range, holding in daily Ichimoku cloud, after recovery leg from 1.0801, low of 17 Dec, stalled under psychological 1.10 barrier.
Bullish daily studies favor resumption of the upleg from 1.0801, for final attack at key 1.1058/55 barrier, former recovery top of 15 Dec, reinforced by daily Ichimoku cloud top and 100SMA. Break here is needed to signal resumption of larger recovery from 1.0519, low of 03 Dec and confirm trough at 1.0801.
Near-term studies are bullishly aligned, with correction on overbought slow Stochastic, expected to precede fresh attacks at near-term range top.
Daily Tenkan-sen offers initial support at 1.0929, near Fibonacci 38.2% of 1.0868/1.0977 upleg, which is expected to ideally contain dips.
However, extension of corrective pullback should be contained above daily cloud base at 1.0888, to keep near-term bulls in play.
Otherwise, reversal under daily cloud and rising daily 20SMA, currently at 1.0875, will weaken the structure and expose range