EURUSD Daily Forecast: January 23
EURUSD Forecast
The EURUSD had another indecisive movement yesterday. There are no changes in my technical outlook. It’s been a slow market since Monday but nearest term bias remains bearish testing 1.1270 – 1.1215 key support area. Immediate resistance remains around 1.1410. A clear break above that area could lead price to neutral zone in nearest term testing 1.1450 but key resistance remains at 1.1500 – 1.1570 region which is a good place to sell with a tight stop loss as a clear break above 1.1570 would be a serious threat to the major bearish trend.
Source: https://fxinstructor.com/blog/eurusd-daily-forecast-january-23-7
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