EURUSD 15.1.2025
General Trend:
The pair is in a clear downtrend after breaking key support levels. The price is currently trading around 1.03108, with resistance at 1.04378 and strong support at 0.99936.
Expected Scenario:
Bullish Scenario: If the price surpasses the resistance at 1.04378, it may move towards the 1.0600 level.
Bearish Scenario: Continued trading below the resistance could push the price down to test the support at 0.99936, and breaking this level may lead to a deeper decline.
Key Levels:
Resistances: 1.04378 - 1.0600
Supports: 1.03108 - 0.99936
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