EURUSD 19.01.2021
Overview:
Prices are moving in a short term bearish direction
Expected:
The pair is trading above a strong support level around 1.2060, which enhances its bullish chances during today's trading to $ 1.2130
Alternative Scenario:
On the other hand, we believe that if the level of $ 1.2060 is broken to the downside, this pair may push further down to $ 1.2000.
Resistance | 1.2130 | 1.2160 | 1.2190 |
Support | 1.2060 | 1.2030 | 1.2000 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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