FX.co ★ Burning forecast 01/24/2018

Burning forecast 01/24/2018

EURUSD: Attempt to breakthrough.

In the morning, EURUSD made a breakout attempt: the price went up to the zone of 1.2300 - 1.2325, showing a new high of January 1.2334, but retreated at the time of writing the review.

The nature of the movement is not yet clear - the European session is just beginning.

The main news for the euro - tomorrow, on Thursday, January 25 - is only the ECB decision on rates.

Technically there is an upward signal: buy from 1.2300, stop at 1.2255, profit at 1.2400.

In the case of a full down turn sell from 1.2160.