EURUSD 21.1.2025

Technical Analysis
Tuesday, January 21, 2025 - 11:50
Point Trader Group

General Trend:

The pair is trading in a sideways range between 1.0445 as resistance and 1.0258 as support, with overbought signals on the RSI (negative divergence between price and indicator).

Expected Scenarios:

Bullish Scenario: If the price breaks the resistance at 1.0445, the upward move may extend toward 1.0500.

Bearish Scenario: If the price fails to break the resistance and the negative RSI signal persists, it could retreat to test the support at 1.0258. Breaking this level may result in further decline toward 1.0150.

Key Levels:

Resistances: 1.0445 - 1.0500

Supports: 1.0258 - 1.0150

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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