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The EURUSD price forecast update

By Published On: January 23, 20250.5 min readViews: 1700 Comments on The EURUSD price forecast update

Natural gas price kept its stability within the bullish channel that its major support line located at 3.680$, to notice renewing the positive action by targeting 4.030$ barrier now, which formed the first target for the recent bullish overview.

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Now, stochastic exit from the oversold areas will reinforce the chances of gathering the positive momentum to manage to surpass the current barrier and achieve additional gains by rallying towards 4.220$ followed by reaching the bullish channel’s resistance line at 4.420$.

 

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The expected trading range for today is between 3.920$ and 4.220$

 

Trend forecast: Bullish




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