Evening review for EURUSD on 01/14/2020. Euro will have to choose a direction

On Tuesday, sellers are trying to increase the pressure on the euro. The course is gradually slipping.

So, consolidation in a narrow range continues.

A trend is beginning to form that will last until the end of January:

Or the EURUSD exchange rate will be able to overcome the mark of 1.120 up – and the movement “to the North” will begin”;

Or, on the contrary, the euro will not stay above 1.1100, will break the minimum of 1.1085 – and then probably fall from 1.0900.

So: we buy the euro for a breakthrough 1.1205.

Or: we sell euros from 1.1084.

The material has been provided by InstaForex Company – www.instaforex.com

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Author: MOKAR

Mula berdagang dalam pasaran forex sejak tahun 2003. Manakala pasaran bursa saham tempatan dan global pada tahun 2018. Menjadikan trading online sebagai kerjaya sepenuh masa pada tahun 2019. Kerjaya sebelum ini adalah seorang salesman kereta. Berpengalaman dengan pelbagai teknik dan perguruan tetapi akhirnya sangat serasi dengan teknik FMCBR @ Fibo Musang melalui guruku Cikgu Baha & Cikgu Zul.

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