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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.



Expert In



EUR/USD analysis for January 30, 2018


Recently, the EUR/USD pair has been trading trading downwards. The price tested the level of 1.2334. Anyway, according to the 30M time – frame, I found a bullish breakout of supply trendline (resistance), which is a sign that buyers are in control. I also found a hidden bullish divergence on the moving average oscillator, which is another sign of strength. My advice is to watch for potential buying opportunities. The upward targets are set at the price of 1.2430 and at the price of 1.2490.

Resistance levels:

R1: 1.2430

R2: 1.2480

R3: 1.2527

Support levels:

S1: 1.2335

S2: 1.2290

S3: 1.2240

Trading recommendations for today: watch for potential buying opportunities.

The material has been provided by InstaForex Company -