EURUSD Forex Analysis for Today, Tuesday (23-01-2024)

EURUSD Forex Analysis for Today, Tuesday (23-01-2024)

EURUSD Forex Analysis for Today, Tuesday (23-01-2024)

WEDGE Pattern: EURUSD Has Selling Opportunity!

ECB vs Fed Still Pressuring Euro

The Euro is still under pressure due to expectations of a delayed interest rate cut by the Fed, although the ECB implicitly signals that they are not ready to cut rates yet.

Bearish Rising Wedge Pattern

A bearish rising wedge pattern is observed in the H1 time frame.

Prediction: WEAK EURUSD


  • R1 1.09100
  • R2 1.08810
  • R3 1.09200
  • R4 1.09500


  • S1 1.08810
  • S2 1.09100
  • S3 1.08700
  • S4 1.08500

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