EURUSD- 24Jan2022
On the daily, EURUSD is trapped in between the 20EMA & 50MA as traders await the FOMC on Wednesday.
On the H4, descending trendline & 200MA around 1.13260 remains a crucial level. If the price close below that level, we could expect it to drop lower to 1st Support at 1.12720 easily.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, EURUSD is trapped in between the 20EMA & 50MA as traders await the FOMC on Wednesday.
On the H4, descending trendline & 200MA around 1.13260 remains a crucial level. If the price close below that level, we could expect it to drop lower to 1st Support at 1.12720 easily.
This is for personal record purposes only, not financial advise or solicitation of trade.