Technical Analysis : EUR/USD 16 January 2025

Forex Technical Analysis : EURUSD

Date : 16 January 2025

Momentum : Down

First Scenario : short positions below 1.02999 with targets at 1.02749, 1.02587 and 1.02395

Second Scenario : long positions above 1.02999 with targets at 1.03170, 1.03310 and 1.03453

Comment : The price movement is no clear trend.

Supports and resistances :

1.03453 **
1.03310 *
1.03170
1.02845 - Last price
1.02749
1.02587 *
1.02395 **

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