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The EURUSD price forecast update

By Published On: January 24, 20250.5 min readViews: 2480 Comments on The EURUSD price forecast update

The EURUSD price achieved initial breach to 1.0455$ level and attempts to hold above it, reinforcing the expectations of continuing the bullish trend for the rest of the day, paving the way to head towards 1.0600$ that represents our next main target.

 

The price needs to build strong support base above 1.0455$ to guarantee the continuation of the bullish wave, as failing to hold above this level will put the price under negative pressure that targets 1.0325$ areas as a first station.

 

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The expected trading range for today is between 1.0360$ support and 1.0520$ resistance

 

Trend forecast: Bullish



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