EURUSD Backs Off Lower Prices With Eyes On 1.1450 Zone
Mohammed Isah of FXTechstrategy.com - InsideFutures.com - Wed Jan 23, 8:21PM CST
EURUSD backs off lower prices with eyes on 1.1450 zone as it looks to strengthen further. Support comes in at the 1.1350 where a violation will aim at the 1.1300 level. A break below here will target the 1.1250 level. Further down, support lies at the 1.1200. On the upside, resistance resides at 1.1400 level with a break through there opening the door for further upside towards the 1.1450 level. Further up, resistance comes in at the 1.1500 level where a violation will expose the 1.1550 level. All in all, EURUSD continues to threaten further downside pressure



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