Technical Analysis: EUR/USD - Thursday, Jan. 15

EURUSD broke a Rising Wedge formation, which could create some pressure towards 1.1490.

EUR/USD – 15.01.2026


EURUSD broke a Rising Wedge formation, which could create some pressure towards 1.1490.

As we see from the previous chart, prices still face a support zone at 1.1600, which could lead to another advance higher.

Below 1.1600, more of a drop toward 1.1490 will be expected.

Above 1.1765, the advance signals might return to the market again.

  SUPPORT RESISTANCE
LEVEL1 1.1600 1.1700
LEVEL2 1.1490 1.1765
LEVEL3 1.1390 1.1810-20

More By This Author:

Gold Hits New Record With $4700 In Sight
Intraday Analysis - Thursday, Jan. 15
US December Inflation: No More Fed Cuts?

Comments