EURUSD News

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Last Updated Date: 23 January 2023 @ 8:25 AM (UTC)
*Please note that all the dates are in GMT time zone

Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese economy will bounce back this year, with focus also turning to key U.S. data due this week.

The EURUSD went through the overbought area, hoping that will be the end of the uptrend. Looking for a minor correction as the market shall signal a short term peaking turnover and warns for selloffs back under 1.0817, and possibly testing the last swing low 1.0742. 

Resistance 2       1.0930
Resistance 1       1.0890
 
Support 1           1.0840
Support 2           1.0821

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