English
EURUSD January, 23 2020
Overview:
The chart above shows that the pair is trading above a strong support level around 1.1070 as the pair bounced up around this level previously and the same scenario may be repeated again
Expected:
Continuing trading above the aforementioned support level may push the pair to rise to 1.1120
Alternative Scenario:
On the other hand, we see that if 1.1070 breaks down, it could push the pair down to 1.1000
| Resistance | 1.1120 | 1.1150 | 1.1180 |
| Support | 1.1070 | 1.1050 | 1.1000 |
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
Related Topics
Latest News
Tuesday, July 15, 2025 - 19:48
Tuesday, July 15, 2025 - 19:47
Tuesday, July 15, 2025 - 12:56
Friday, July 11, 2025 - 18:10
Latest Economic Analysis
Tuesday, May 16, 2023 - 23:36
Tuesday, April 25, 2023 - 15:59
Tuesday, April 18, 2023 - 22:22
Tuesday, April 04, 2023 - 17:13
Latest Education Articles
Tuesday, June 24, 2025 - 22:35
Friday, June 13, 2025 - 13:49
Tuesday, May 20, 2025 - 21:00
Friday, April 25, 2025 - 04:01
