Technical Analysis : EUR/USD 12 January 2024

Forex Technical Analysis : EURUSD

Date : 12 January 2024

Momentum : Down

First Scenario : short positions below 1.09850 with targets at 1.09578, 1.09295 and 1.09096

Second Scenario : long positions above 1.09850 with targets at 1.09999, 1.10202 and 1.10401

Comment : The price movement is no clear trend.

Supports and resistances :

1.10401 **
1.10202 *
1.09999
1.09750 - Last price
1.09578
1.09295 *
1.09096 **

Warning : This information is not a buy-sell signal.