Technical Analysis: EUR/USD - Tuesday, Jan. 20

The Euro dropped to 1.1578 so far today.
As we see from the Intraday chart, the market is facing a support trend around 1.1515-25 which could lead to another advance towards 1.1810.
Below 1.1515 more of a drop will be expected with the second support at 1.1390 giving a chance for a rebound.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1515-25 | 1.1700 |
| LEVEL2 | 1.1390 | 1.1765 |
| LEVEL3 | 1.1210 | 1.1810 |
More By This Author:
Intraday Analysis - Tuesday, Jan. 20UK CPI, Unemployment Might Break Cable Trend
Dax Tests 25000 As Trade Conflict Begins
Disclaimer: Orbex LIMITED is a fully licensed and Regulated Cyprus Investment Firm (CIF) governed and supervised by the Cyprus Securities and Exchange Commission (CySEC) (License Number ...
moreComments
Please wait...
Comment posted successfully
No Thumbs up yet!