Technical Analysis for EUR/USD on January 23, 2024
Trend: Down
Details: The pair is moving slowly in a sideways direction, and it appears to be under high selling pressure on the daily timeframe, close to the downtrend line at the level of 1.0910.
Target: At the first support level 1.07700
Stop: Above the first resistance level on the daily timeframe at 1.10300.
Trend: Down
Details: The pair is moving slowly in a sideways direction, and it appears to be under high selling pressure on the daily timeframe, close to the downtrend line at the level of 1.0910.
Target: At the first support level 1.07700
Stop: Above the first resistance level on the daily timeframe at 1.10300.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.