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EUR/USD Forecast: January 2024

From dailyforex.com

December provided EUR/USD traders with a rather difficult track if they were not prepared with solid risk management. The first two weeks of the month delivered a test of emotional fortitude for EUR/USD speculators, particularly if they had bullish sentiment. Trading started in a hectic manner as a late November selloff produced a low of nearly 1.08300 on the 1st of December, only to see a brief run higher going into the weekend. And early December trading then stayed choppy, as additional lows were produced which certainly tested the fortitude of day traders. December provided EUR/USD traders with a rather difficult ... (full story)

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  • Category: Technical Analysis