EUR/USD Forecast. The price begins negatively – 28-01-2025

eu-l10The EURUSD price opened today with strong decline to break 1.0455$ level and close the first four hours’ candlestick below it, to fall under expected negative pressure in the upcoming sessions and head towards achieving negative targets that start by testing 1.0325$ areas.

Therefore, the bearish bias will be suggested for today, noting that trading above 1.0455$ again will reactivate the correctional bullish scenario that targets 1.0600$ as a next positive station.

The expected trading range for today is between 1.0350$ support and 1.0500$ resistance

Trend forecast: Bearish

 

 

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