FX.co ★ Evening review for EURUSD for 01/22/2020. The key level for the euro - 1.1070

The main news factor is the same - expectations of ECB decisions tomorrow, January 23 - and the speech of ECB head Lagarde.

In anticipation of this event, a serious fight between the "bulls" and "bears" on the euro unfolded:

It seems that the level of 1.1070 is the key to the further direction of the euro.

EURUSD:

We are ready to buy from the level of 1.1120.

We are ready to sell from the level of 1.1070.