WorldForex_Eng

EUR/USD Review, January 18-22, 2021

Short
SAXO:EURUSD   Euro / U.S. Dollar
The currency pair broke down 1.2144 last week and developed its local correction. There were no reasons for this correction as there were few economic data releases last week.
We expect the currency pair to develop this correction targeting 1.1879 as a main scenario. Otherwise, the currency pair will test 1.2144.

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