Forex EUR/USD Daily Video, January 16, 2024

Sive Morten

Special Consultant to the FPA
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18,655
Good morning,

Night Iranian attack on Mossad objects in Iraq (and maybe some pro-US objects) supports dollar. Thus, EUR starts moving with our plan and H&S pattern. Downside target is 1.0735. But first we need to watch how EUR will break daily K-support area:

 
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