EURUSD 20.1.2026
Trend:
The pair remains in a short-term downtrend, repeatedly failing to hold above the 1.1690–1.1700 supply zone.
Technical View:
The break below 1.1625 pushed price toward 1.1575. As long as price stays below 1.1690, downside pressure dominates.
Scenarios:
- Bearish: Holding below 1.1650 may lead to 1.1575 and then 1.1520.
- Corrective bounce: A clear break above 1.1700 could open the way to 1.1760.
Key Levels:
Resistance: 1.1690 – 1.1760
Support: 1.1625 – 1.1575 – 1.1520
Bottom Line:
Bias remains bearish; rallies into supply are selling opportunities.
*Risk Disclaimer: 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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