💡 EURUSD: Forecast January 15

15 Jan

EURUSD still cannot escape the narrow range around the edge of the rising price channel. The bullish structure still exists and we still have long positions targeting around 1.1200. However, it should be noted that accumulation around the lower border of the price channel for too long is an unfavorable signal for sellers, especially when there has previously been a strong downward wave. You can hold the position but need to set SL below the 1.0900 zone to prevent the price from reversing and falling.

16 Jan

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