Technical Analysis : EUR/USD 7 January 2025

Forex Technical Analysis : EURUSD

Date : 7 January 2025

Momentum : Up

First Scenario : long positions above 1.03924 with targets at 1.04149, 1.04369 and 1.04584

Second Scenario : short positions below 1.03924 with targets at 1.03688, 1.03447 and 1.03182

Comment : There is no clear trend in the price movement.

Supports and resistances :

1.04584 **
1.04369 *
1.04149
1.04016 - Last price
1.03688
1.03447 *
1.03182 **

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