EURUSD 21.1.2025
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.