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The Sell Side Liquidity Pool 1.0992 will be the target from EUR/USD For Jan 31, 2020

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Today EUR/USD is likely to test the 4-hour chart sell side liquidity pool at 1.0992. If this level is broken, there is a high probability that Fiber will try to test the weekly chart sell side liquidity pool 1.0981 too. This scenario will not come true if the pair hits the 4 hour chart buy side liquidity pool at 1.1039.

The overall bias for EUR/USD is bearish.

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The material has been provided by InstaForex Company - www.instaforex.com