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FX.co ★ Evening review for EURUSD on 01/14/2020. Euro will have to choose a direction

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Forex Analysis:::2020-01-14T12:41:38

Evening review for EURUSD on 01/14/2020. Euro will have to choose a direction

Evening review for EURUSD on 01/14/2020. Euro will have to choose a direction

On Tuesday, sellers are trying to increase the pressure on the euro. The course is gradually slipping.

So, consolidation in a narrow range continues.

A trend is beginning to form that will last until the end of January:

Or the EURUSD exchange rate will be able to overcome the mark of 1.120 up - and the movement "to the North" will begin";

Or, on the contrary, the euro will not stay above 1.1100, will break the minimum of 1.1085 - and then probably fall from 1.0900.

So: we buy the euro for a breakthrough 1.1205.

Or: we sell euros from 1.1084.

Analyst InstaForex
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