Will EUR/USD go to 1.1250? A detailed analysis

2024年1月8日

Hello traders and the entire Tradingview community! Previously on my EUR/USD
analysis from last week, I opened EURUSD long@1.0880 level when price dipped
during Friday's data release.

Currently, EUR/USD is well above the 1.09 level. From the chart, you can see that
price is consolidating at the lower trend line of the ascending price channel.

So, based on the price action , I believe EUR/USD is likely to go towards 1.10. A sustained
move above 1.10 will take the price towards 1.1250. My plan is to buy the dips
in EUR/USD.

2024年1月8日

註釋

20 pips up since I posted, 1.10 might be on the cards soon

2024年1月9日

註釋

Price still moving in a tight range, a breakout is imminent

2024年1月9日

註釋

I currently do not have any open trades in EUR/USD. If I have an entry, I will update this idea