EUR/USD Short Term: look for 1.2040
Jan 26, 2026 3:43 AM
long positions above 1.1670 with targets at 1.1920 & 1.2040 in extension.
Pivot: 1.1670
Our preference:
long positions above 1.1670 with targets at 1.1920 & 1.2040 in extension.
Alternative scenario:
below 1.1670 look for further downside with 1.1550 & 1.1470 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
1.2160 **
1.2040 ***
1.1920 ***
1.1861 Last
1.1670 ***
1.1550 ***
1.1470 ***
Our preference:
long positions above 1.1670 with targets at 1.1920 & 1.2040 in extension.
Alternative scenario:
below 1.1670 look for further downside with 1.1550 & 1.1470 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
1.2160 **
1.2040 ***
1.1920 ***
1.1861 Last
1.1670 ***
1.1550 ***
1.1470 ***
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
