FX.co - Evening review of EUR/USD on January 19, 2021

2021-01-19T13:28:08

Relevance until2021-01-20

EURUSD

We all see the growth of the euro, however, there is no cancellation of the downward movement yet.

So far, the best points for sell-stop can be set literally 30 points.

Purchases can be considered at least at 1.2180.

Now, if the euro shows a strong decline to the latest lows, you can buy on the breakout of the high of the day.

As for the news, the euro is awaiting decisions by the ECB and the report on the US employment on Thursday.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ Evening review of EUR/USD on January 19, 2021