EUR/USD Forecast. The euro price approaches the first target – 22-01-2025

news_22_feb_4_euro_usdThe EURUSD price returned to rise after the decline that it witnessed in the previous sessions, to approach 1.0455$ level, waiting to breach this level to confirm extending the correctional bullish wave and achieve additional positive targets that reach 1.0600$.

Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that breaking 1.0325$ will stop the expected rise and push the price to return to the main bearish track again.

The expected trading range for today is between 1.0340$ support and 1.0500$ resistance

Trend forecast: Bullish

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply