EURUSD 17-1-2024

Technical Analysis

By Shady Fouad Last updated Jan 18, 2024

EURUSD 17-1-2024.

Prices have broken below the sideways range, as the EUR/USD pair is trading below the resistance zone at 1.0900. It is likely that prices will test the support zone at 1.0810. However, this scenario would be invalidated in the event of a renewed break above 1.0900.

Support	1.0810	1.0775	1.0750
Resistance	1.0875	1.0900	1.0950

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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