Forex Trading Library

EUR/USD –12.01.2026

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EURUSD broke a Rising Wedge formation which could create some pressure towards 1.1490.
As we see from the previous chart, prices still face a support zone at 1.1600 which could lead to another advance higher.
Below 1.1600 more of a drop toward 1.1490 will be expected.
Above 1.1765 the advance signals might return to the market again.
Intraday resistance starts at 1.1675.

SUPPORT RESISTANCE
LEVEL1 1.1600 1.1675
LEVEL2 1.1490 1.1765
LEVEL3 1.1390 1.1810-20
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