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Trading Recommendations and Trade Analysis for EUR/USD on January 26. The Total Collapse of the Greenback
EUR/USD 5M Analysis
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EUR/USD 5M Analysis The EUR/USD currency pair soared on Friday but... remained within the sideways channel on the daily timeframe of 1.1400-1.1830. The European currency has been trading in this channel for 7 months, closing Friday at 1.1828. Thus, the pair is currently undergoing another test of the upper boundary of the sideways channel. We believe that this week's movements will depend 90% on technical factors. If the area between 1.1800 and 1.1830 is breached, the upward
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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