Forex Trading Library

EUR/USD –06.01.2025

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Euro managed to met target 1.0225 as we advised last week before market hit some rebound correction

As we see over the chart, market facing Intraday resistance around 1.0375 which may keep the drop pressure on market for another test toward 1.0225

Above 1.0375 more advance will be expected while second resistance 1.0460 may push again for another drop movement

Above 1.0460 more advance will be expected with resistance around 1.0610-30

Below 1.0225 more drop toward 1.0100 will be expected

SUPPORT RESISTANCE
LEVEL1 1.0225 1.0375
LEVEL2 1.0100 1.0460
LEVEL3 1.000 1.0610-30

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