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Back Technical analysis
EUR/USD Forecast on January 21, 2026
The EUR/USD pair continued its upward
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The EUR/USD pair continued its upward movement on Tuesday and reached the 23.6% corrective level at 1.1731 by the end of the day. A rebound from this level would work in favor of the U.S. dollar and a modest decline toward the Fibonacci levels of 38.2% and 50.0%. A consolidation above the 1.1731 level would increase the likelihood of continued growth toward the resistance level of 1.1802–1.1805. The wave situation on the hourly chart remains straightforward. The last completed
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Grigory Sokolov
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