EURUSD Overview as January Ends!
EUR/USD Analysis – Potential Upside Target
On the daily chart, we’re seeing a key resistance level around 1.0400 that’s acting like a support zone. The previous daily candlestick tried to push below the 1.0380 mark, but price is struggling to break through, showing some resilience at this level.
If this support holds, there's a potential upside move targeting the 1.0595 zone, which represents a solid 200-pip rally.
Keep an eye on price action around the 1.0400-1.0380 range—if support holds, we could be looking at further bullish momentum.
Stay sharp! 🚀
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On the daily chart, we’re seeing a key resistance level around 1.0400 that’s acting like a support zone. The previous daily candlestick tried to push below the 1.0380 mark, but price is struggling to break through, showing some resilience at this level.
If this support holds, there's a potential upside move targeting the 1.0595 zone, which represents a solid 200-pip rally.
Keep an eye on price action around the 1.0400-1.0380 range—if support holds, we could be looking at further bullish momentum.
Stay sharp! 🚀
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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.
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.