EUR/USD Forecast. The euro begins positively – 22-01-2024

forex-news-euro_3The EURUSD pair trades positively by today’s open to breach 1.0890 and settles above it, reinforcing the expectations of continuing the bullish trend on the intraday basis, and the way is open to visit 1.0960 that represents our next target, noting that breaching this level will extend the bullish wave to reach 1.1080 on the near-term basis.

Therefore, the bullish trend scenario will remain valid and active for the upcoming period, reminding you that it is important to hold above 1.0860 to achieve the suggested targets.

The expected trading range for today is between 1.0860 support and 1.0990 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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