EURUSD Daily Forecast: January 15
EURUSD Forecast
The EURUSD didn’t make significant movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1425/00 region as a part of the false breakout scenario after rejected above the D1 EMA 200 as you can see on my daily chart below. Immediate resistance remains around 1.1500. A clear break and daily close above that area would retest 1.1569 – 1.1580 major resistance area. On the downside, a clear break below 1.1425/00 would expose 1.1270 – 1.1215 area.
Source: https://fxinstructor.com/blog/eurusd-daily-forecast-january-15-6
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