EUR/USD Intraday: consolidation in place
Jan 22, 2026 10:14 AM
short positions below 1.1710 with targets at 1.1650 & 1.1620 in extension.
Pivot: 1.1710
Our preference:
short positions below 1.1710 with targets at 1.1650 & 1.1620 in extension.
Alternative scenario:
above 1.1710 look for further upside with 1.1740 & 1.1765 as targets.
Comment:
the break below 1.1710 is a negative signal that has opened a path to 1.1650.
Supports and resistances:
1.1765
1.1740
1.1710
1.1689 Last
1.1650
1.1620
1.1600
Our preference:
short positions below 1.1710 with targets at 1.1650 & 1.1620 in extension.
Alternative scenario:
above 1.1710 look for further upside with 1.1740 & 1.1765 as targets.
Comment:
the break below 1.1710 is a negative signal that has opened a path to 1.1650.
Supports and resistances:
1.1765
1.1740
1.1710
1.1689 Last
1.1650
1.1620
1.1600
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